NESCO LTD.

NESCO Ltd has applied to surrender four highway sites leased from National Highways Logistics Management Limited (NHLML) on the Raipur-Visakhapatnam Expressway. The decision stems from adverse impacts due to local unrest, infrastructure deficiencies, regulatory and land-related issues, and challenging site conditions, which have led to delays and reduced commercial feasibility. The company is continuing development on four other sites along the Hyderabad-Visakhapatnam Expressway. The financial impact of the surrendered sites is currently undetermined and depends on NHLML's actions.

Nesco Limited has announced that it is not classified as a Large Corporate (LC) according to the framework outlined in SEBI Circular SEBI/HO/DDHS/CIR/P/2018/144 dated 26 November 2018, concerning fund raising by issuance of Debt Securities by Large Entities. The company has not been issued any credit ratings.

NESCO Ltd's board approved a final dividend of ₹7 per share for FY26, subject to shareholder approval at the 67th AGM on July 27, 2026. The record date for dividend entitlement is set for July 20, 2026, with payment on or before August 12, 2026. The board also approved the appointment of Mr. Rajesh G. Upadhyay as Executive Director (Commercial & Operations) and re-appointed internal and cost auditors. Additionally, the board approved the reconstitution of the Board and its Committees.

NESCO Ltd's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, and recommended a final dividend of ₹7 per equity share (face value of ₹2 each) for FY26, subject to shareholder approval. The 67th Annual General Meeting will be held on July 27, 2026, via video conference. The record date for the dividend is set as July 20, 2026, with payment on or before August 12, 2026. Additionally, Mr. Rajesh G. Upadhyay was appointed as an Additional Director & Whole Time Director, effective June 1, 2026. The board also approved the re-appointment of Internal and Cost Auditors for FY 2026-27 and reconstituted the Board and its Committees.

NESCO Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026, and recommended a final dividend of ₹7 per equity share. The 67th AGM is scheduled for July 27, 2026. Mr. Rajesh G. Upadhyay has been appointed as an Additional Director & Whole-time Director, designated as Executive Director (Commercial & Operations) effective June 1, 2026, for a term of three years. The board also approved the re-appointment of Internal and Cost Auditors for FY 2026-27 and reconstituted the Board and its Committees.

NESCO Ltd's Board approved the audited financial results for the year ended March 31, 2026, and recommended a final dividend of ₹7 per equity share. The 67th Annual General Meeting will be held on July 27, 2026. Mr. Rajesh G. Upadhyay has been appointed as an Additional Director & Whole Time Director, effective June 1, 2026. The board also approved the re-appointment of Internal and Cost Auditors for FY 2026-27 and reconstituted the Board and its Committees.

NESCO Ltd's Board approved the audited financial results for the quarter and year ended March 31, 2026. A final dividend of ₹7 per equity share (face value ₹2) was recommended, subject to shareholder approval. The 67th AGM will be held on July 27, 2026, via video conference. Mr. Rajesh G. Upadhyay was appointed as Executive Director (Commercial & Operations) w.e.f. June 1, 2026. Deloitte Touche Tohmatsu India LLP and M/s. Y. S. Thakar & Co. were re-appointed as Internal Auditors and Cost Auditors, respectively.

Nesco Ltd issued an update regarding an incident at its premises, extending condolences to affected families and wishing for the recovery of the individual undergoing treatment. The company affirmed its paramount commitment to visitor safety and well-being, stating full cooperation with investigating authorities for a comprehensive inquiry. Nesco asserted consistent compliance with all applicable laws, regulatory requirements, and prescribed event protocols, including adequate safety and security measures. It reiterated a strict zero-tolerance policy for illegal substances on its premises and clarified that attendees are subject to defined entry conditions prohibiting such conduct. Nesco unequivocally denied any lapse or negligence on its part or its employees, expressing confidence that the ongoing investigation will confirm this. The company will refrain from further comments due to the active investigation.

NESCO Ltd announced that its Vice President (Events and Exhibitions), a Senior Managerial Personnel, was taken into police custody on April 13, 2026. This action follows an unfortunate incident that occurred on April 11, 2026, during an event organized at the Nesco Exhibition Center. The company stated it is fully cooperating with the concerned authorities and currently foresees no impact on the listed entity.

NESCO Ltd has announced that its Board of Directors will meet on 25th May 2026 to consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended 31st March 2026. The meeting will also approve the Audit Reports for the corresponding period and recommend a Final Dividend, if any. The trading window for dealing in shares of the Company is closed from 1st April 2026 till 27th May 2026 (both days inclusive).