NELCO LTD.

Nelco Ltd has announced that its Board of Directors will convene on July 16, 2026. The primary agenda for this meeting is to consider and approve the Unaudited Financial Results for the quarter ending June 30, 2026, on both standalone and consolidated bases. In line with the company's insider trading policy, the trading window for securities will remain closed from June 24, 2026, until 48 hours after the results are officially declared to the stock exchanges.

Nelco Ltd has announced changes in its Senior Management Personnel. Mr. Jitender Ahuja, Senior Vice President – Products & Solutions, has resigned to pursue personal aspirations and will be relieved on June 30, 2026. Concurrently, Mr. Brajendra Urmalia, currently Vice President & Head – Maritime Business, has been elevated and appointed as Vice President & Head – Products & Solutions, effective July 1, 2026. Mr. Urmalia brings over 25 years of experience, including 22 years with Nelco, and has a strong track record in telecom and satellite communications.

Nelco Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in accordance with the "Tata Code of Conduct for Prevention of Insider Trading" and SEBI regulations. The window will be shut from June 24th, 2026, until 48 hours after the declaration of financial results for the quarter ending June 30th, 2026. Designated persons will be informed of this closure.

Nelco Ltd has announced its 83rd Annual General Meeting (AGM) will be held on Wednesday, June 24, 2026, at 3:30 p.m. (IST) via video conferencing. The meeting will cover the adoption of audited financial statements for FY26, declaration of dividend on equity shares, and re-appointment of Mr. A.S. Lakshminarayanan as a director. Also, ratification of Cost Auditor’s Remuneration of ₹1,25,000 plus GST will be considered.

Nelco Ltd. announced the re-designation of Mr. Kingshuk Basak from Head-Network Operations & Engineering to Vice President & Head – Network Operations, effective April 1, 2026. The decision, announced on May 29, 2026, recognizes Basak's performance and leadership in technology, operations, and execution. He was already part of the Senior Management Team.

Nelco Ltd has fixed Tuesday, June 9, 2026, as the record date to determine members' entitlement to receive a dividend of ₹ 1 per equity share of ₹ 10 each (10%) for the financial year ended March 31, 2026, if declared at the 83rd Annual General Meeting (AGM). The dividend payment will be subject to deduction of income tax at source and will be paid to shareholders holding shares in electronic and physical form as per the data available on the record date.

Nelco's Board of Directors approved increasing the company's borrowing limits from ₹250 crores to ₹400 crores. This enhancement allows for greater financial flexibility. The approved borrowings may include the issuance of non-convertible debentures (NCDs) aggregating up to ₹210 crores, along with term loans or other suitable instruments. The issuance of NCDs will be via private placement. The specific terms and conditions for fund-raising, including tenure, coupon, and listing details, will be finalized and disclosed at the time of security allotment, subject to requisite approvals. This move indicates the company's intent to potentially raise significant capital for future growth or operational needs.

Nelco Ltd has scheduled a Board of Directors meeting for May 1, 2026. The primary agenda includes considering a proposal to raise funds through various modes, such as loans or the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. These funds are intended for strategic investments in emerging satellite communication businesses and technologies. If the fund-raising proposal is approved by the Board, they will also deliberate on initiating a Postal Ballot process to secure the necessary approval from the company's members, as required by applicable regulations. This move aligns with the company's strategy to expand its presence in the evolving satellite communication sector.

Nelco Ltd announced its audited financial results for the fiscal year ended March 31, 2026. The Board of Directors, in a meeting held on April 20, 2026, approved the consolidated and standalone financial statements. The company's statutory auditors, S.R. Batliboi & Associates LLP, issued an unmodified audit opinion on these results. Additionally, the Board recommended a final dividend of ₹1 per share (10%) for the fiscal year, subject to shareholder approval at the upcoming Annual General Meeting.

Nelco Ltd's Board of Directors has approved the audited consolidated and standalone financial results for the fiscal year ended March 31, 2026. The company also recommended a final dividend of ₹1 per share (10%), subject to shareholder approval. The statutory auditors, S.R. Batliboi & Associates LLP, issued an unmodified opinion on the financial results. The results include those of its subsidiary, Nelco Network Products Limited, and associate, Piscis Networks Private Limited.