NITESHEST

NEL Holdings Limited has informed the Exchange regarding 'Exit of two Land Parcels and Reduction of further Debt of Rs. 152 Crores'.

NEL Holdings Limited has informed the Exchange regarding 'the advertisement of the unaudited Financial Results which were approved by the Board of Directors of the Company at their meeting held on August 09, 2019. '.

NEL Holdings Limited has informed the Exchange regarding 'In compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, please find the enclosed copy of the certificate received from Karvy Fintech Private Limited, the Registrar and Share Transfer Agent of the Company, for the quarter ended June 30, 2019.'.

NEL Holdings Limited has informed the Exchange regarding 'Intimation - Regulation 30 of SEBI (LODR) Regulations, 2015 '.

NEL Holdings Limited has informed the Exchange regarding 'This is to inform that one of the Promoter Group Companies Bolgati Enterprises Private Limited has sold 676986 Equity Shares of NEL Holdings Limited (��the Company��) in the open market and its current shareholding as on date has been decreased from 3.33 % to 2.87%.The change in the Promoter Group Shareholding shall also be reported in the Shareholding Pattern to be filed by the Company under Regulation 31 of the SEBI (LODR) Regulations, 2015 for the quarter ended June 30, 2019.As this information seems to be material in the opinion of

NEL Holdings Limited has informed the Exchange regarding 'Intimation - Regulation 30 Of SEBI (LODR) Regulations, 2015 '.

NEL Holdings Limited has informed the Exchange regarding 'Intimation - Regulation 30 of SEBI (LODR) Regulations, 2015'.

NEL Holdings Limited has informed the Exchange regarding 'Please find enclosed the copies of the advertisement of Financial Results which were approved by the Board of Directors of the Company at their meeting held on May 30, 2019. '.

NEL Holdings Limited has informed the Exchange regarding 'Pursuant to Regulation 47 (1) (b) of Securities and Exchange Board of India (Listing Obligations &Disclosure Requirements) Regulations. 2015 and in continuation to our communication dated May 16. 2019 with regard to Board Meeting Notice. please find enclosed a copy of the advertisement published in English and Regional (Kannada) newspapers.'.

Nitesh Estates Limited has informed the Exchange regarding 'With reference to the cited subject, it is hereby intimated to the Exchanges that the Company has approved the following: 1. Appointment of Mr. Rakesh Singh as Chief Executive Officer of the Company w.e.f. April 10,2019 2. Appointment of Mr. Kamal Daluka as Executive Director & Chief Financial Officer of the Company w.e.f. 10th April, 2019 '.

Nitesh Estates Limited has informed the Exchange regarding 'Intimation- Adoption of revised Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information.'.

Nitesh Estates Limited has informed the Exchange regarding 'Reduction of further Debt of Rs. 40 Crores by repaying to the lender.'. We would like to inform the Exchanges that the Company has earlier on January 23, 2019 intimated the Exchanges that it sha ll reduce the overall debt by an extent of Rs. 700 Crores in next 180 days and out of Rs. 700 Crores the Company has already reduced its debt by Rs. 407.88 Crores from the overall consolidated debt by selling the shopping mall in Pune and has earlier intimated the same to exchanges on March 08, 2019.We would further wish to inform that the Com

Nitesh Estates Limited has informed the Exchange regarding 'We would like to inform the Exchanges that the Company has earlier on January 23, 2019 intimatedthe Exchanges that it shall intent to reduce the overall debt by an extent of Rs. 700 Crores in next180 days.The Company has as such successfully managed to reduce its debt by Rs. 407.88 Crores from theoverall conso lidated debt which was appearing in the conso lidated fin ancials of the Company andthis reduction has constituted an approx. 30% reduction of th e current ove rall debt of the company. The Company shall further keep the exchang

Nitesh Estates Limited has informed the Exchange regarding 'We would like to intimate the Exchanges that the Company's 2350 number of Secured Listed NonConvertible Debentures of Rs. 10,00,000/- (Rupees Ten lakhs Each) each, aggregating to Rs.2,35,00,00,000/- (Rupees Two Hundred and Thirty Five Crores Only) standing in the name of VistraITCl (India) limited as t he Debenture Tru stee of Goldman Sachs Investments (Mauritius) I Limitedwhich is listed with BSE Limited has been successfully redeemed fu lly by the Company on 8th day ofMarch, 2019.The Company does not have any liability towards the a

Nitesh Estates Limited has informed the Exchange regarding 'With reference to the cited subject and the previous intimations by the Company on the same, we would like to inform the Exchanges that the Company through its Wholly Owned Subsidiary Nitesh Indiranagar Retail Private Limited has signed Share Purchase Agreements with Abbey's Realtors LLP anominee of Ela Realty Private Limited, Group Entity - ABIL Group, headquartered at Pun e, and soldits 100% holdings in step down Tier- II Subsidiary - Koregaon Park High Street Properties Private Limited to Abbey's Realtors LLP.Hence the "Koregaon Pa

Nitesh Estates Limited has informed the Exchange regarding 'Sub: Intimation- Postal Ballot Notice and Postal Ballot Forms The Postal Ballot Notice together with the Explanatory Statement and Postal Ballot Form for seeking Shareholders�� approval for continuation of Directorship of Mr. Jagdish Capoor, Independent Director, who has attained the age of more than 75 years, has been sent to the Members whose names appear on the Registrar of Members/ List of Beneficial Owner as on the Cut-off date i.e., Friday, February 22, 2019.We hereby enclose a copy of Postal Ballot Notice dated February 25, 201

Nitesh Estates Limited has informed the Exchange regarding 'The Postal Ballot Notice together with the Explanatory Statement and Postal Ballot Form has been sent to the Members whose names appear on the Registrar of Members/ List of Beneficial Owner as on the Cut-off date i.e., Friday, February 01, 2019.'.

Nitesh Estates Limited has informed the Exchange regarding 'Further to our earlier letter dated 18th January, 2019, wherein we have indicated that the Company shall be soon exiting from the Residential Housing space. Upon completion of on-going 11 residential projects and all obligations of delivery to our Customers, other Stakeholders and lenders in the residential business, we shall be focusing on rent yielding assets and other verticals.In this regard, it is decided as a strategy that going forward, the Company will perform in a Holding Company structure constituting with various business v

Nitesh Estates Limited has informed the Exchange regarding 'We would like to inform the exchanges that we in the midst of exiting few residential land parcels as well as some assets where term sheets which is confidential at this stage has been signed with the prospective buyers/investors.With the above developments we intent to reduce our overall debt as per the balance sheet by an extent of Rs. 700 crores which we expect to close within next 180 days.Since these are all under different stage of diligence and legal process, there may be lot of speculations on some of these actions of these la

Nitesh Estates Limited has informed the Exchange regarding 'We would like to inform the exchanges that keeping in mind the long term business strategy and after several months of internal discussions and debates with various Strategic Advisors, Board Members, Senior Employees, Industry Experts, we have come to the conclusion that we shall be soon exiting from the Residential Housing space.Currently the Company has 11 on-going residential projects out of which many of them are in the final stages and shall be completed in this calendar year and the few of the above 11 projects may spill over to

Nitesh Estates Limited has informed the Exchange regarding 'This is to inform that pursuant to an Order of the Regional Director, South-East Region, one of the Promoter Group Companies has been amalgamated with the another Promoter Group Company and all the assets and liabilities including shares has been transferred within the Promoter Group.As such there is no change in the Promoter Group Shareholding and the same has already been reported in the Shareholding Pattern filed by the Company under Regulation 31 of the SEBI (LODR) Regulations, 2015 for the quarter ended December 31, 2018.With thi

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 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 '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 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 '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 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 '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

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.

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.

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

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

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.

Nitesh Estates Limited has informed the Exchange regarding 'Ali Askar Road - Commercial Project- Construction commenced. '.

Nitesh Estates Limited has informed the Exchange regarding '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 unaudited financial results of the Company for the quarter ended December 31, 2017 adopted in the Board Meeting held on February 12, 2018 in the newspapers, The Financial Express (All India Publication)and Hosa Digantha (Kannada publication) edition dated February 14, 2018.'.

Nitesh Estates Limited has informed the Exchange regarding 'Subsidiary of the Company is in discussion with certain investors for raising capital of over Rs 350 Cr, which is expected to get concluded by end of November 2017. At this stage, there is no definitive agreement with any party. As and when the same is finalised we will inform the Exchanges appropriately. As there are speculation in the market, we would like to keep the exchanges updated in this regard.'.

Nitesh Estates Limited has informed the Exchange that the appointment of Mr. Mahesh Laxman as Chief Executive Officer of the Company new Commercial and Rental Business vertical of the Company. Mr. Mahesh has a work experience of over 33 years in organizations of repute such as Ascendas, Jones Lang LaSalle and L & T Realty. He has held senior positions in these organisations. further, that the Company is moving forward with its development / acquisition of A grade Commercial and Rental assets portfolio of over 5 million Sq. Ft. rental income to the Company. The estimated investment will be over

Nitesh Estates Limited has informed the Exchange that Nitesh Estates Limited, a promoter of Nitesh Residency Hotels Private Limited (NRHPL) has transferred 1,59,70,675 Equity shares of NRHPL to Mr. Nitesh Shetty ( another promoter of NRHPL), permitted as inter se transfer among promoter group under the Shareholder Agreement, and the transfer has been approved by the Board of Directors of NRHPL., on December 07, 2016. Consequent to this transfer of shares, NRHPL will not be an Associate Company with immediate effect.

Nitesh Estates Limited has informed the Exchange that the Company had 4 acres of the land parcel at Kakanad village in Kochi, Kerala. In view of the sluggish market conditions, the company has decided to sell off the land and has finalized the same with a third party for a total consideration of Rs. 26.50 Cr. The proceeds of the sale will be utilized to reduce the debts of the Company. This transaction is expected to be completed by September 30, 2016.

Nitesh Estates Limited has informed the Exchange that Nitesh Estates Limited is pleased to announce the signing of MOU by its Wholly owned Subsidiary(100% WOS) for a high rise residential project.

Nitesh Estates Limited has informed the Exchange that the Company's wholly owned subsidiary they have signed a Joint Development Agreement for a residential project on a plot of land measuring around 5 acres. The project is located in Yelahanka, North Bangalore. The new project too will be a residential development and is expected to generate revenue of Rs. 175 crores over the next four years for the Company.

Nitesh Estates Limited has informed the Exchange that , the Board has approved and adopted a POLICY FOR DETERMINATION OF MATERIALITY OF AN EVENT , at its Board Meeting held February 10, 2016. Accordingly, the persons authorized by the Board of the Company for the purpose of determining the materiality of any event or transaction and for the purpose of making disclosures to the stock exchanges has been disclosed.

Nitesh Estates Limited has informed the Exchange that a leading Bangalore based property development Company is pleased to announce the conclusion of partnership platform agreement signing ( MOU) with Goldman Sachs ( NYSE: GS), a leading global financial institution to jointly invest / acquire income producing office buildings, Shopping Malls and Luxury Hotels across India. Under this platform arrangement Goldman Sachs will make Investments through Nitesh Estates SPVs, Associates, Subsidiaries, JVs etc., as the case may be asset class wise This partnership is a significant development to th

Nitesh Estates Limited has informed the Exchange regarding "Acquisition of 1 million sq. Feet Shopping Mall in Koregaon Park - Pune".

Nitesh Estates Limited has informed the Exchange regarding launch of Nitesh Hunter Valley in Hennur Road, Bangalore- Rs 900 Cr Project.