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.
Nesco Limited has appointed Mr. Ashish Joshi as Chief Procurement & Contracts Officer, effective July 28, 2026. This announcement pertains to Senior Management.
Nesco Limited held its 67th Annual General Meeting on 27 July 2026 via video conference, where seven resolutions were proposed for voting by shareholders.
Nesco Ltd reported revenue from operations of ₹211.8 Cr (+9.6% YoY) and net profit of ₹100 Cr (+4.1% YoY) for Q1 FY27.
Nesco Limited scheduled a board meeting on July 27, 2026. The board will consider unaudited standalone and consolidated financial results for the June quarter.
Nesco Limited clarified NSE queries regarding its March 2026 financial results. The company confirmed no mismatches exist between PDF and XBRL filings for reserves and profit figures.