NITESHEST

Significant movement in price has been observed in Nitesh Estates Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited.

Nitesh Estates Limited has informed the Exchange regarding 'Transfer of Equity Shares to the Investors Education and protection Fund (IEPF)'.

Nitesh Estates Limited has informed the Exchange regarding 'Change in name of the Registrar &Transfer Agent.'.

Nitesh Estates Limited has submitted to the Exchange, the financial results for the period ended September 30, 2018.

Nitesh Estates Limited has informed the Exchange regarding Board meeting held on November 12, 2018.The Board of Directors at their meeting held today have approved the Un-audited Financial Results of the Company for the quarter and half year ended September 30, 2018. The meeting concluded at 18:45 Hrs.As required under Regulation 33 of the Securities Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015, the unaudited Financial Results on Standalone basis and on Consolidated basis for the quarter ended and half year ended September 30, 2018 ar

Nitesh Estates Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

NITESHEST:The Exchange had sought clarification from Nitesh Estates Limited with respect to announcement dated 12-Oct-2018, regarding " Nitesh Estates Limited has informed the Exchange regarding 'We would like to inform the exchanges that we have entered into an agreement to sell 100 percent stake in our step down tier II subsidiary - Nitesh Pune Mall Pvt. Ltd.We have signed the agreement with ABIL group of Pune (Ela Realty, a SPV of ABIL).NIRPL a 100 percent subsidiary through its step down subsidiary will exit the entire holding of this 1 million sqft shopping mall.The step down tier II subs

Nitesh Estates Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 and in accordance with the Code of Fair Trade Practices and Code of Conduct for prevention of Insider trading of the Company, the Trading Window of the Company shall remain closed from the 25th Day of October 2018 till the 14th Day of November 2018 (Both days inclusive).

NITESHEST:The Exchange has sought clarification from Nitesh Estates Limited with respect to announcement dated 12-Oct-2018, regarding " Nitesh Estates Limited has informed the Exchange regarding 'We would like to inform the exchanges that we have entered into an agreement to sell 100 percent stake in our step down tier II subsidiary - Nitesh Pune Mall Pvt. Ltd.We have signed the agreement with ABIL group of Pune (Ela Realty, a SPV of ABIL).NIRPL a 100 percent subsidiary through its step down subsidiary will exit the entire holding of this 1 million sqft shopping mall.The step down tier II subs

Nitesh Estates Limited has informed the Exchange regarding 'We would like to inform the exchanges that we have entered into an agreement to sell 100 percent stake in our step down tier II subsidiary - Nitesh Pune Mall Pvt. Ltd.We have signed the agreement with ABIL group of Pune (Ela Realty, a SPV of ABIL).NIRPL a 100 percent subsidiary through its step down subsidiary will exit the entire holding of this 1 million sqft shopping mall.The step down tier II subsidiary of the Company will utilise the proceeds of the sale to repay the NCD liabilities of the debenture holders Goldman Sachs with a o

Nitesh Estates Limited has informed the Exchange regarding Notice of Postal Ballot

The Exchange had sought clarification from Nitesh Estates Limited with respect to announcement dated 29-Sep-2018, regarding 'Nitesh Office Parks Private Limited (Formerly known as Kakanad Enterprises Private Limited) (NOPPL) was a wholly owned subsidiary of the Company. The Company holds 49,999 shares of NOPPL out of previous total paid up share capital of 50,000 shares. In accordance with the provision of Companies (Amendment) Act, 2017, Nitesh Office Parks Private Limited had made private placement offer to the Investor to raise funds for the operations and has allotted 210,000 shares to the

NITESHEST:The Exchange has sought clarification from Nitesh Estates Limited with respect to announcement dated 29-Sep-2018, regarding " Nitesh Estates Limited has informed the Exchange regarding 'Nitesh Office Parks Private Limited (Formerly known as Kakanad Enterprises Private Limited) (NOPPL) was a wholly owned subsidiary of the Company. The Company holds 49,999 shares of NOPPL out of previous total paid up share capital of 50,000 shares. In accordance with the provision of Companies (Amendment) Act, 2017, Nitesh Office Parks Private Limited had made private placement offer to the Investor

Nitesh Estates Limited has informed the Exchange regarding 'Nitesh Office Parks Private Limited (Formerly known as Kakanad Enterprises Private Limited) (NOPPL) was a wholly owned subsidiary of the Company. The Company holds 49,999 shares of NOPPL out of previous total paid up share capital of 50,000 shares. In accordance with the provision of Companies (Amendment) Act, 2017, Nitesh Office Parks Private Limited had made private placement offer to the Investor to raise funds for the operations and has allotted 210,000 shares to the investor on September 29, 2018. Accordingly the shareholding pe

Nitesh Estates Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 28, 2018. Further, the company has informed the Exchange regarding voting results.

Nitesh Estates Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 28, 2018

Nitesh Estates Limited has informed the Exchange regarding Board meeting held on September 28, 2018.The Board of Directors at their meeting held today have approved, interalia the notice of postal ballot to seek approval:- To rescind the resolution - approved through Postal Ballot on August 6, 2018 - Divestment of tier II subsidiary�� Nitesh Pune Mall Private Limited. Request you to take the above on record.

Nitesh Estates Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 28, 2018 The 14th Annual General Meeting of the Company will be held on Friday, September 28, 2018 at 9.00 A.M. at ��Dr. B. R. Ambedkar Memorial Trust�� (Ambedkar Bhavana), Miller��s Road, Vasanthnagar, Bengaluru �� 560 052, to transact the business as detailed in the enclosed Notice.

Nitesh Estates Limited has informed the Exchange that the Company has fixed Book Closure from September 22, 2018 to September 28, 2018 for the purpose of Annual General Meeting

Nitesh Estates Limited has informed the Exchange regarding 'Announcement under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015'.We wish to inform the Exchanges the following: 1. Appointment of Director on the Board of Subsidiary Company -Mr. Jayaraaj Mehta has been appointed as Non-Executive Non Independent Director on the Board of Nitesh Pune Mall Private Limited (Step down subsidiary - Wholly Owned Subsidiary of Nitesh Indiranagar Retail Private Limited).2. Approval of Project Nitesh Virgin Island �� Pursuant to our earlier announcement on April 9, 201

Nitesh Estates Limited has informed the Exchange regarding Resignation of Mr Ghyanendra Nath Bajpai as Independent Director of the company w.e.f. August 17, 2018.Mr. Ghyanendra Nath Bajpai, Independent Director (DIN: 00946138) has resigned from the Board of the Company with effect from August 17, 2018 due to personal reasons. He has recently turned 76 years of age, and he was on the Board of the Company for 11 years since 2007.

Nitesh Estates Limited has informed the Exchange regarding 'Newspaper publication of financial results for the quarter ended June 30, 2018'.Pursuant to Regulation 47 (1) (b) of Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015, we enclose herewith the copies of publication of financial results of the Company for the quarter ended June 30, 2018 adopted in the Board Meeting held on August 10, 2018 in the newspapers, The Financial Express (All India Publication)and Hosa Digantha (Kannada publication) August 12, 2018 edition.Request you to kin

Nitesh Estates Limited has informed the Exchange that Appointment of Mr. Prasant Kumar (A18603) as Company Secretary and Chief Compliance Officer of the Company. The Board of Directors in their meeting held today (August 10, 2018) have appointed Mr. Prasant Kumar as Company Secretary & Chief Compliance Officer of the Company.

Nitesh Estates Limited has submitted to the Exchange, the financial results for the period ended June 30, 2018.

Nitesh Estates Limited has informed the Exchange regarding Outcome of Board Meeting held on August 10, 2018.The Board of Directors at their meeting held today have approved the following: 1. Un-audited Financial Results of the Company for the quarter ended 30th June, 2018. 2. Appointment of Mr. Prasant Kumar (A18603) as Company Secretary and Chief Compliance Officer of the Company. A brief profile of Mr. Prasant Kumar is enclosed. 3. The notice of Annual General Meeting of the Company to be held on September 28, 2018 The meeting concluded at 18:15 Hrs.

Nitesh Estates Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Nitesh Estates Limited has informed the Exchange regarding Superannuation of Company Secretary & Chief Compliance officer .

Nitesh Estates Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 ; Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, a meeting of the Board of Directors of the Company is scheduled to be held on Friday, the 10th Day of August 2018 inter alia, to consider and approve the unaudited financial results for the quarter ended June 30th, 2018.Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 and in accordan

Nitesh Estates Limited has informed the Exchange regarding 'Intimation of dispatch of Postal Ballot Notices (including Ballot form) and News Paper publication'. The Company pursuant to the provision of Section 110 of the Companies Act, 2013 and Rule 22 of the Companies (Management and Administration) Rules, 2014 has sent the Postal Ballot Notice dated July 2, 2018 along with the explanatory statement and Postal Ballot Form via physical / electronic mode, as the case may be to the shareholders of the Company on Thursday, July 5, 2018.The Postal Ballot Notice and the Postal Ballot Form have been

Nitesh Estates Limited has informed the Exchange regarding Notice of Postal Ballot; The Postal Ballot Notice, together with the Explanatory Statement and Postal Ballot Form is being sent to the Members whose names appear on the Registrar of Members/ List of Beneficial Owner as on the cutoff date i.e., Friday, June 29, 2018.We hereby enclose a copy of Postal Ballot Notice dated July 2, 2018 and Postal ballot Form.The Company has engaged the services of Karvy Computershare Private Limited for providing e-voting facility to the Members. The voting through postal Ballot and e-vo

Nitesh Estates Limited has informed the Exchange regarding Outcome of Board Meeting held on July 02, 2018.The Board of Directors at their meeting held today have approved, interalia the following: 1. In-principle approval for divestment of tier II subsidiary �� Nitesh Pune Mall Private Limited2. Approval of the notice of postal ballot for divestment of tier II subsidiary�� Nitesh Pune Mall Private Limited. The meeting concluded at 17:00 HrsRequest you to take the above on record. Note: The details as per SEBI Circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015 on the sale or

The Exchange had sought clarification from Nitesh Estates Limited with respect to Non-compliance as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Standalone Reconciliation of Equity not submitted -2. Consolidated Reconciliation of Equity not submitted The response of the Company is enclosed.

Nitesh Estates Limited has informed the Exchange regarding 'Newspaper publication of financial results for the quarter and year ended March 31, 2018'. Pursuant to Regulation 47 (1) (b) of Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015, we enclose herewith the copies of publication of financial results of the Company for the quarter and year ended March 31, 2018 adopted in the Board Meeting held on May 30, 2018 in the newspapers, The Financial Express (All India Publication)and Hosa Digantha (Kannada publication) J

The Exchange has sought clarification from Nitesh Estates Limited with respect to Non-compliance as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: -1. Standalone Reconciliation of Equity not submitted -2. Consolidated Reconciliation of Equity not submitted The response of the Company is awaited.

Nitesh Estates Limited has submitted to the Exchange a copy of annual audited financial results for the year ended March 31, 2018 (Revised)

Nitesh Estates Limited has submitted to the Exchange, the financial results for the period ended March 31, 2018.

Nitesh Estates Limited has informed the Exchange regarding Board meeting held on May 30, 2018.

Nitesh Estates Limited has informed the Exchange regarding 'Newspaper publication of Board Meeting intimation and trading window closure'. Pursuant to the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015, we submit the extract of the newspaper publication intimating the Board Meeting to be held on Wednesday, May 30th 2018 inter alia, to consider and approve the audited financial statements of the Company for the year ended 31st March, 2018 and announcement of trading window closure.Request to kindly take our submission on record.

NITESHEST:The Exchange had sought clarification from Nitesh Estates Limited with respect to announcement dated 30-Apr-2018, regarding " Nitesh Estates Limited has informed the Exchange regarding 'Intimation under Regulation 30 of SEBI (LODR). '. We wish to inform you that Mr. Mahesh Laxman has resigned from the Company as Chief Executive Officer of Commercials and Rental Business.We request you to take the same on record.". On basis of above the Company is required to clarify following: 1. Date of appointment/cessation (as applicable) & term of appointment;The response of the Company is attach

Nitesh Estates Limited has informed the Exchange regarding 'Reply to the Clarification sought by Stock Exchange '.We hereby clarify that, Mr. Mahesh Laxman was not a member of the Board of Directors of the Company nor a Key Managerial Personnel of the Company.He was the head of Commercials and Rental Business and was designated as Chief Executive Officer for that particular division only. Request you to take the same on record.

NITESHEST:The Exchange has sought clarification from Nitesh Estates Limited with respect to announcement dated 30-Apr-2018, regarding " Nitesh Estates Limited has informed the Exchange regarding 'Intimation under Regulation 30 of SEBI (LODR). '. We wish to inform you that Mr. Mahesh Laxman has resigned from the Company as Chief Executive Officer of Commercials and Rental Business.We request you to take the same on record.". On basis of above the Company is required to clarify following: 1. Date of appointment/cessation (as applicable) & term of appointment;<br> The response of

Nitesh Estates Limited has informed the Exchange regarding 'Intimation under Regulation 30 of SEBI (LODR). '. We wish to inform you that Mr. Mahesh Laxman has resigned from the Company as Chief Executive Officer of Commercials and Rental Business.We request you to take the same on record.

Nitesh Estates Limited has informed the Exchange regarding 'Disclosure in terms of Regulation 30 of SEBI ( Listing Obligations and Disclosure Requirements) Regulations 2015'.We wish to submit to the exchanges that in the Arbitration proceedings between the 100% subsidiary of the Company Nitesh Indiranagar Retail P Ltd and the land owner , the Arbitral Tribunal have announced their award:a. The tribunal has accepted our stand that there is no repudiation of agreement.b. The tribunal has awarded a net amount of Rs 42.50 Cr to the subsidiary.The Company is seeking legal opinion on fur

NITESHEST:The Exchange had sought clarification from Nitesh Estates Limited with respect to announcement dated 06-Apr-2018, regarding 'Disclosure under Regulation 30 of LODR - Settlement of Chennai property and Changes in the Board'. 1. Settlement of Chennai property We wish to inform the Exchanges that the Company has settled the dispute in respect of the lease rights of land situated at Chennai . Under the Settlement as decreed through the arbitral award, the Company will receive Rs 15 Cr., as per the terms of the award. 2. Changes in the Board Further to our announcement of appointment of M

Nitesh Estates Limited has informed the Exchange regarding 'Reply to the clarification sought by Stock Exchange regarding the appointment of Independent Director.'.We wish to inform you that the Company has not appointed any new member to the Board of the Directors, however the designation of Mr. Mahesh Bhupathi has been changed from non- executive, non-independent director to Independent Director with effect from March 20, 2018. The brief profile of Mr. Mahesh Bhupathi is below:Mr. Mahesh Bhupathi is India��s first & only 10 times Grand Slam title winner and US Open mixed doubles titles holde

NITESHEST:The Exchange has sought clarification from Nitesh Estates Limited with respect to announcement dated 06-Apr-2018, regarding 'Disclosure under Regulation 30 of LODR - Settlement of Chennai property and Changes in the Board'. 1. Settlement of Chennai property We wish to inform the Exchanges that the Company has settled the dispute in respect of the lease rights of land situated at Chennai . Under the Settlement as decreed through the arbitral award, the Company will receive Rs 15 Cr., as per the terms of the award. 2. Changes in the Board Further to our announcement of appointment of M

Nitesh Estates Limited has informed the Exchange regarding 'Update - Regulation 30 - Approval of project plan �� Nitesh Virgin Island.'. This is to inform you that the Company has obtained the approval from Bangalore Development Authority ( BDA) for its Nitesh Virgin Island project.This project is spread around 8 acre of land will have high rise towers with high-class residential units, aggregating to over million sq.ft of development.The project will yield a turnover of around Rs 370 Cr. to the Company.We request you to take on record this significant development.

Nitesh Estates Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of LODR - Settlement of Chennai property and Changes in the Board'.1. Settlement of Chennai propertyWe wish to inform the Exchanges that the Company has settled the dispute in respect of the lease rights of land situated at Chennai . Under the Settlement as decreed through the arbitral award, the Company will receive Rs 15 Cr., as per the terms of the award.2. Changes in the Board Further to our announcement of appointment of Mr. Mahesh Bhupathi as an Independent Director on the Board of the

Nitesh Estates Limited has informed the Exchange regarding 'Change in designation of Mr. Mahesh Bhupathi as Independent Director'.The Board of Directors of the Company at their meeting held on March 20, 2018 appointed Mr. Mahesh Bhupathi, who was non-executive director of the Company as an Independent Director of the Company subject to the approval of shareholders at the general meeting.Request you to take the above on record.

Nitesh Estates Limited has informed the Exchange regarding 'Nitesh Pune Mall Private Limites - Update'.Further to our letter dated 25th October 2017, We wish to inform you that the discussions with investor is in advanced stage and is expected to conclude around 30th April 2018We would like keep the exchange posted, to avoid any possible speculation.We request you to take this on record.