Nuvoco Vistas Corporation Ltd

Show Cause Notice to NU Vista Limited

• Show Cause Notice received by NU Vista Limited (subsidiary) from Dy. Commissioner, State Tax (Audit), Patna.
• Date of receipt: September 28, 2026.
• All other information as disclosed previously remains unchanged.
• The notice and related information are available on the company website.

Meeting Details

• Board meeting on Thursday, October 22, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial results for quarter and half-year ended Sept 30, 2026.

Other Notes

• Trading window closed for Designated Persons from Oct 01, 2026 for 48 hours post-results.

Dispute Update

• Show Cause Notice issued to NU Vista Limited by Dy. Commissioner, State Tax (Audit), Patna.
• SCN proposes ITC denial, reversed ITC, and tax on advances; demand Rs 10,70,08,912 for FY 2022-23.
• Company will file reply; no major financial impact anticipated.
• Penalty 10% and interest may be imposed.

Acquisition details

• Target SPV: Clean Max Ilgohp Private Limited, a wind-solar hybrid project entity in Rajasthan, India.
• Acquisition: Nuvoco to acquire 26% of share capital of the SPV.
• Purpose: Set up the 46.4 MW wind-solar hybrid project in Bhikamkhore, Rajasthan.
• Strategic rationale: Cleaner power for Nuvoco's cement operations; advances decarbonisation strategy.
• Project details: 20 MW wind, 26.4 MWdc solar, with 2 MWh BESS.
• Regulatory approvals: Not disclosed.
• Consideration: Not disclosed; form of payment not specified.
• Deal structure: 26% stake acquired in SPV.
• Background: SPV to develop wind-solar project; incorporation date and turnover not disclosed.

Meeting Details

• Date and time: September 30, 2026 at 04:00 PM.
• Type/Mode: Group meetings, virtual conference.
• Organizer: Arihant Capital - Bharat Connect Conference.
• Participants: Company representatives (management) to attend.
• Purpose: Investor/Analyst meeting to discuss disclosures.

ESG rating disclosure

• CRISIL assigns ESG Rating 60 and Core ESG Rating 64 for FY ended Mar 31, 2026.
• Company clarifies it did not engage CRISIL; ratings prepared independently from public data.
• ESG information received Sept 21, 2026 and published on the company website.

Meeting Details

• Date/time: September 28, 2026, 11:00 AM; in-person group meeting.
• Event: PL Capital Mid & Small Cap Conference 2026.

Participants

• Management representatives from the company to attend.

Purpose

• Investor/analyst interaction at conference.

Meeting Details

• Date and time: September 22, 2026 at 11:00 AM.
• Type and mode: Group meetings, in-person.

Event / Organiser

• Event: Anand Rathi Annual Flagship Conference.

Purpose

• Purpose: Investor/Analyst meeting.

Participants

• Key company participants: roles not specified.

Availability

• Recording/presentation: not stated.

Meeting Details

• Date and time: September 4, 2026, 10:00 AM
• Type and mode: One-on-One, in-person
• Organizer: Ambit Capital
• Purpose: Investor/Analyst meeting

Participants

• Company representatives (management) to attend

Additional Notes

• Schedule/mode may change due to exigencies

Meeting Details

• Date and time: September 3, 2026 – 03:30 PM
• Type and mode: One-on-One, In-person
• Organiser: HDFC Mutual Fund
• Purpose: Investor/Analyst meeting