NBCC has entered into two significant memorandums of understanding with Housing and Urban Development Corporation Limited (HUDCO), marking a strategic expansion in the company's redevelopment and funding capabilities. The agreements were signed on April 11, 2026, as part of the company's normal course of business.

Partnership Details

The collaboration between NBCC and HUDCO encompasses two distinct areas of cooperation, each designed to leverage the respective strengths of both organizations:

August Kranti Bhawan Redevelopment Project

The first MoU focuses on the redevelopment of August Kranti Bhawan at Bhikaji Cama Place, New Delhi. Under this agreement, HUDCO and NBCC will collaborate on the redevelopment of a leasehold plot measuring approximately 18,830 square meters at Block No. 25. NBCC's role will encompass comprehensive project management including techno-economic feasibility studies, construction and project management, and monetization of built-up space.

Funding Collaboration for Self-Sustainable Model

The second MoU establishes a framework for HUDCO to provide funding for NBCC's ongoing and upcoming self-sustainable model projects. This partnership reinforces cooperation and collaboration to leverage respective strengths for undertaking asset monetization activities. HUDCO will provide funds on mutually agreed terms and conditions, while NBCC will offer project management and marketing consultancy services.

Strategic Implications

These agreements with HUDCO are expected to enhance NBCC's operational capabilities and market position. The partnership is anticipated to expedite project execution, enhance asset value, and contribute significantly to urban infrastructure development. The collaboration with HUDCO, a prominent housing finance institution, positions NBCC to leverage additional resources and expertise in executing complex redevelopment projects across various locations.

NBCC (India) Limited has filed its mandatory compliance certificate under SEBI Regulation 74(5) for the quarter ended March 31, 2026. The Navratna CPSE submitted the certificate to both the National Stock Exchange of India Limited and BSE Limited on April 07, 2026.

Compliance Certificate Details

The certificate was issued by Alankit Assignments Limited, NBCC's Registrar and Share Transfer Agent (RTA), in accordance with SEBI (Depositories and Participants) Regulations, 2018. The document specifically addresses the dematerialization of physical share certificates during the Q4FY26 quarter.

Key Findings

Alankit Assignments Limited, serving as the company's RTA, confirmed that during the quarter ending March 31, 2026, no physical share certificates were received for dematerialization of NBCC's equity shares. This finding was communicated through a certificate signed by Kamal Garg, General Manager at Alankit Assignments Limited.

Regulatory Compliance

The filing demonstrates NBCC's adherence to SEBI's regulatory framework governing depositories and participants. Company Secretary Deephti Gambhir oversaw the submission process, ensuring timely compliance with the quarterly reporting requirements.

Exchange Communication

The compliance certificate was formally communicated to both major Indian stock exchanges where NBCC shares are listed. The company also made the information available on its official website at nbccindia.in under the announcements and notices section, ensuring transparency for stakeholders and investors.

This quarterly compliance filing represents part of NBCC's ongoing regulatory obligations as a listed entity, maintaining transparency in share transfer and dematerialization processes.