AI assistant
Nitco Ltd. — Regulatory Filings 2023
Oct 6, 2023
62410_rns_2023-10-06_4e5bc6da-fb9f-4961-ab0d-2de3ec0fee3c.pdf
Regulatory Filings
Open in viewerOpens in your device viewer
==> picture [158 x 67] intentionally omitted <==
NITCO/SE/2023-24/23 October 06, 2023
To,
| Corporate Service DepartmentBSE LimitedJeejeebhoy TowersDalal Street,Mumbai – 400 001Script code:532722 | The Listing DepartmentNational Stock Exchange of India LimitedExchange Plaza, Bandra Kurla Complex, Bandra(E),Mumbai – 400051Script code:NITCO |
|---|
Sub: Disclosure in terms of SEBI circular SEBI/HO/CFD/CMD1/CIR/P/2019/140 dated November 21, 2019
Dear Sir/Madam,
With reference to SEBI circular SEBI/HO/CFD/CMD1/CIR/P/2019/140 dated November 21, 2019, please find enclosed disclosure regarding the total outstanding amount of default as on quarter ended September 30, 2023 in the format prescribed under clause C2 of the said circular.
Kindly take the above information on your records.
Thanking You,
Yours faithfully, For NITCO Limited
VIVEK PRANNATH TALWAR
Digitally signed by VIVEK PRANNATH TALWAR DN: c=IN, o=Personal, title=7098, pseudonym=886A9C4B095EBFE3D20EFE8B5537929D6B3763F1, 2.5.4.20=1ba122b609153a6d361743f9a364e2289b1fe2116e39287aee98d9129baa257b, postalCode=400026, st=Maharashtra, serialNumber=487A93C67F0077B930E213846F4B5034936C03CE6AC9EE1C56371AD800C03DC8, cn=VIVEK PRANNATH TALWAR Date: 2023.10.06 12:43:32 +05'30'
____________
Vivek Talwar Managing Director DIN: 00043180
==> picture [73 x 70] intentionally omitted <==
Registered Office: NITCO Limited, NITCO House, Sheth Govindram Jolly Marg, Kanjur Marg (East), Mumbai- 400 042. Tel.: 91-22-67302500|67521555, Fax: 91-22-25786484. CIN: L26920MH1966PLC016547. Email: [email protected], Website: www. nitco.in
==> picture [158 x 67] intentionally omitted <==
C2. Disclosure of default of payment of interest / repayment of principal amount of loans from Banks/ Financial Institutions for the quarter/ half year ended September 30, 2023
| 30, 2023 | ||
|---|---|---|
| Sr. No | Particulars | Rs. (in Crore) |
| 1 | Loans / revolving facilities like cash credit from banks / financial institutions | |
| A. | Total amount outstandingas on September 30, 2023 | 708.49 |
| B. | Of the total amount outstanding, amount of default as onSeptember 30,2023 | 708.49 |
| 2 | Unlisted debt securities i.e. NCDs and NCRPS | |
| A. | Total amount outstanding as on September 30, 2023 | 200 |
| B. | Of the total amount outstanding, amount of default as onSeptember 30, 2023 | - |
| 3 | Total financial indebtedness of the listed entityincluding short-term and long-term debt | 908.49 |
(Subject to reconciliation & audit)
Note:
JM Financial Asset Reconstruction Company Limited vide its letter dated September 19, 2022, revoked the restructuring of existing facilities given under the restructuring agreement dated March 27, 2018 and has reinstated & demanded the dues amounting to Rs. 24,27,62,93,107/- and also, filed a petition to initiate Corporate Insolvency Resolution Process (CIRP) proceedings before National Company Law Tribunal (Tribunal). The petition is pending before the Hon’ble Tribunal.
Digitally signed by VIVEK PRANNATH TALWAR VIVEK DN: c=IN, o=Personal, title=7098, pseudonym=886A9C4B095EBFE3D20EFE8B55 37929D6B3763F1, 2.5.4.20=1ba122b609153a6d361743f9a364e2 PRANNATH 289b1fe2116e39287aee98d9129baa257b, postalCode=400026, st=Maharashtra, serialNumber=487A93C67F0077B930E213846 F4B5034936C03CE6AC9EE1C56371AD800C03 TALWAR DC8, cn=VIVEK PRANNATH TALWAR Date: 2023.10.06 12:44:50 +05'30'
==> picture [73 x 70] intentionally omitted <==
Registered Office: NITCO Limited, NITCO House, Sheth Govindram Jolly Marg, Kanjur Marg (East), Mumbai- 400 042. Tel.: 91-22-67302500|67521555, Fax: 91-22-25786484. CIN: L26920MH1966PLC016547. Email: [email protected], Website: www. nitco.in