Nitco has informed that the Company has entered into a binding Restructuring Agreement dated October 22, 2024 (Agreement) with Authum Investment and Instructure, a public company, existing under the laws of India, having Corporate Identification Number (CIN: L51109MH1982PLC319008) having its registered office at 707, Raheja Centre, Free Press Journal Marg, Nariman Point, Mumbai City, Mumbai, Maharashtra, India, 400021 and having its equity shares listed on the BSE (Scrip Code: 539177), National Stock Exchange of India (Scrip Code: AIIL) and The Calcutta Stock Exchange (Scrip Code: 011262) (Authum) to record the terms on which and the conditions subjects to which, the outstanding loans and debt of the Company towards Authum shall be restructured. Details are enclosed.
The above information is a part of company’s filings submitted to BSE.
