Nelco Ltd

Nelco Credit Rating

CRISIL Ratings has placed Nelco Limited's bank loan ratings under 'Rating Watch with Developing Implications'. The total rated facility amount is ₹218.3 Crore.

Nelco Business Update

Nelco Limited has entered a strategic partnership and investment with Elveo Mobile to provide next-generation direct-to-device and IoT connectivity services in South Asian markets.

Nelco Merger & Restructuring Worth ₹191.1 Cr

Nelco Limited has acquired Lunar Holdco, Inc. (doing business as Elveo Mobile) via a USD 20 million subscription to Compulsorily Convertible Debentures.

Value

₹191.1 Cr

Nelco Merger & Restructuring Worth ₹190 Cr

Nelco Ltd is investing USD 20 million (approx. ₹190 Crore) in Lunar Holdco, Inc. via Compulsorily Convertible Debentures to establish a strategic partnership for satellite-based connectivity services.

Value

₹190.0 Cr

Nelco Board Meeting Outcome

Nelco Limited re-appointed M/s. P. D. Dani & Associates as Cost Auditors for a 12-month term. The decision was finalized during a board meeting.

Execution

12 months

Nelco Management Change

Nelco Limited has re-appointed M/s. P. D. Dani & Associates as Cost Auditors. The appointment is for a term of 12 months effective July 16, 2026.

Execution

12 months

Nelco Q1 FY27 Results: Net Profit ₹2.3 Cr, Up 27.8% YoY

Nelco Ltd reported revenue from operations of ₹80 Cr (+7.0% YoY) and net profit of ₹2.3 Cr (+27.8% YoY) for Q1 FY27.

Key figure

Net profit ₹2.3 Cr · +27.8% YoY

Nelco Board Meeting Date

Nelco Ltd has scheduled a board meeting on 16 July 2026 to consider its financial results. The trading window will remain closed until results are released.

Nelco Annual General Meeting

Nelco Ltd concluded its 83rd AGM on June 24, 2026. All five resolutions presented to members were passed with the requisite majority.

Nelco Annual General Meeting

Nelco Ltd announced that all four resolutions were passed by shareholders via postal ballot with requisite majority. The resolutions included creation of charge, borrowing limit enhancement, NCD issuance, and related party transactions.

Nelco Annual Report

Nelco Limited has dispatched its 83rd Annual Report for FY 2025-26. The 83rd Annual General Meeting is scheduled for June 24, 2026, via video conferencing.

Nelco Business Update

Nelco Limited submitted its Business Responsibility and Sustainability Report for FY 2025-26. The report details the company's ESG performance, governance frameworks, and commitment to sustainable operations.

Nelco Annual General Meeting

Nelco Limited has scheduled its 83rd Annual General Meeting for June 24, 2026. Key agenda items include adopting financial statements and declaring a dividend for FY 2025-26.

Nelco Management Change

NELCO Limited promoted Mr. Kingshuk Basak to Vice President & Head – Network Operations effective April 1, 2026. The internal re-designation strengthens the company's senior leadership team.

Nelco Other Announcement

Nelco Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report confirms full compliance with SEBI listing regulations.

Nelco Annual General Meeting

Nelco Ltd issued a postal ballot notice seeking approval for a ₹400 Crore borrowing limit increase. Shareholders will vote electronically between May and June 2026.

Value

₹400.0 Cr

Nelco Dividend

Nelco Limited recommended a ₹1 per equity share dividend for FY 2025-26. The company fixed June 9, 2026, as the record date for payment eligibility.

Nelco Debt & Borrowing: ₹400 Cr

Nelco Ltd's Board approved increasing the company's borrowing limits to ₹400 Crore from ₹250 Crore. This includes plans to raise up to ₹210 Crore via non-convertible debentures (NCDs) and term loans to support funding requirements. The expansion provides greater financial flexibility for the company's future operations.

Value

₹400.0 Cr

Nelco Board Meeting Date

NELCO Limited has scheduled a Board Meeting on May 1, 2026, to consider a proposal for raising funds through loans or Non-Convertible Debentures (NCDs). The capital is intended for investments in emerging satellite communication technologies.

Nelco Board Meeting Date

NELCO Limited has scheduled a Board Meeting for May 1, 2026, to consider a proposal for fund raising via loans or Non-Convertible Debentures (NCDs). The capital is intended for investments in emerging satellite communication technologies.

Nelco Board Meeting Date

Nelco Ltd has scheduled a Board Meeting on May 1, 2026, to consider raising funds through loans or Non-Convertible Debentures (NCDs) via private placement. The funds are intended for investments in emerging satellite communication technologies. The board will also consider initiating a postal ballot for shareholder approval if the proposal is cleared.

Nelco Dividend

Nelco Limited's Board of Directors recommended a final dividend of ₹1 per equity share for the financial year. The announcement follows a board meeting held on April 20, 2026. The specific date for the Annual General Meeting and record date will be communicated separately to the stock exchanges.

Nelco Q4 FY26 Results: Turns Profitable, Net Profit ₹1.1 Cr

Nelco Ltd reported its audited financial results for FY26, showing consolidated total income of ₹310.96 Crore and a net profit of ₹3.32 Crore. The board recommended a final dividend of ₹1 per share (10%). The results, approved during the April 20 board meeting, reflect the company's annual performance in the network systems segment.

Key figure

Net profit ₹1.1 Cr

Nelco Financial Results

Nelco Ltd reported its audited financial results for FY26, showing consolidated total income of ₹310.96 Crore and a net profit of ₹3.32 Crore. The board recommended a final dividend of ₹1 per share (10%). The results, approved during the April 20 board meeting, reflect the company's annual performance in the network systems segment.

Value

₹1.00 Cr

Nelco Other Announcement

Nelco Ltd's material subsidiary, Nelco Network Products Limited, has appointed Protiviti India Member Private Limited as its internal auditor. The appointment is for a three-year term starting from financial year 2026-27. This is a routine regulatory disclosure regarding subsidiary governance.

Execution

3 consecutive years commencing from FY 2026-27

Nelco Board Meeting Outcome

Nelco Ltd has scheduled a Board Meeting on April 20, 2026, to approve the audited financial results for the quarter and year ended March 31, 2026. The board will also consider recommending a dividend for the financial year. The trading window for company securities remains closed until 48 hours after the results are declared.