Nitin Castings Limited — Board/Management Information 2021

Aug 21, 2021

Date : 21[st] August, 2021

To, The Manager Department of Corporate Services M/s. Bombay Stock Exchange Ltd. P.J. Towers, Dalal Street Mumbai – 400 001

Sub: Outcome of Board Meeting

Ref: Scrip Code: 508875

Dear Sir / Madam,

With reference to our notice dated 9[th ] August, 2021 towards meeting of Board of Directors. In this regard, we would like to inform you that the Board of Directors had transacted the following business:

• 1) 39[th ] Annual General Meeting (AGM) of Nitin Castings Limited (“the Company”) to be held on Saturday, September 25, 2021 at 03.00 p.m. (IST) through Video Conferencing (VC) or Other Audio Visual Means (OAVM).

• 2) Board has recommended for the payment of Dividend of Rs. 1/- per shares (10%) subject to the approval of Shareholders at the ensuring Annual General Meeting

• 3) M/s. Kala Agarwal, Practicing Company secretary was appointed as a Secretarial Auditor of the Company. Further, M/s. Kala Agarwal has also been appointed to provide us with the Scrutinizers Report.

• 4) Appointment of Statutory Auditor

• 5) Approval of the Related Party Transaction

OTHER MATTER WITH THE PERMISION OF CHAIR:

• (a) Approval of Directors Reports & Corporate Governance Report for the year ended March 31, 2021.

• (b) Approval for appointment of Internal Auditor

The Meeting commenced at 12.30 p.m. and concluded at 2.45 p.m.

We request you to take the same on your records.

We request you to kindly take above on record.

Thanking You, FOR NITIN CASTINGS LTD.

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Murlidhar Gupta CFO