Pursuant to Regulation 32(6) of the Securities and Exchange Board of India (‘SEBI’) (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘the Listing Regulations’) read with Regulation 162A of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, Nitco has informed that it has enclosed Monitoring Agency Report for the quarter ended March 31, 2025, issued by Infomerics Valuation and Rating (‘Monitoring Agency’), in respect of the utilization of proceeds raised through Preferential Issue by the Company. The aforesaid Monitoring Agency Report has been reviewed by the Audit Committee and taken on record by the Board of Directors at its meeting held on May 02, 2025.
The above information is a part of company’s filings submitted to BSE.
