Nesco Legal & Regulatory
Nesco Limited received a penalty of ₹2.10 Crore from National Highways Logistics Management Limited due to project implementation delays. The company plans to contest this.
- Value
- ₹2.10 Cr
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Nesco Limited received a penalty of ₹2.10 Crore from National Highways Logistics Management Limited due to project implementation delays. The company plans to contest this.
Nesco Limited submitted a revised response to an exchange query regarding its financial results for the quarter ended June 30, 2026, confirming no discrepancies.
Nesco Limited received a Rs. 2.10 Crore penalty from the National Highways Logistics Management Limited for delays in project implementation. The company will contest this.
Nesco reported strong Q1 FY27 performance with total income of ₹255 Cr and PAT of ₹99 Cr. Growth is driven by IT Park rentals and a recovering exhibition business.
Nesco received a property tax invoice from the Brihanmumbai Municipal Corporation with a penalty of Rs. 1.61 Crore. The company has engaged a legal expert for assessment.
Nesco Limited received an Environmental Clearance Certificate from the SEIAA for proposed realty and exhibition projects at Nesco Center, Mumbai. This approval enables further project commencement.