Nelco Ltd (NELCO) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Nelco Ltd on NSE and BSE, with an AI summary of each filing.
NELCO Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Outcome · 19 Oct 2026, 11:05 pm
Unaudited Financial Results for the quarter and six months period ended 30th September 2026
Outcome · 19 Oct 2026, 11:01 pm
Unaudited Financial Results for the quarter and six months period ended 30th September 2026
Financial Result · 19 Oct 2026, 10:57 pm
Nelco Ltd - Financial Result for the Quarter ended 30th Sep'26 (Consolidated, INR Lakh) ■ Revenue: 7,814 (+5.1% YoY | -2.4% QoQ) ■ EBITDA: 912 (+22.1% YoY | +9.6% QoQ) ■ EBITDA Margin (%): 11.7 (+162 bps YoY | +128 bps QoQ) ■ PAT: 173 (+6.8% YoY | -26.1% QoQ) ■ EPS (INR): 0.76 (+7.0% YoY | -25.5% QoQ)
NELCO LIMITED has informed the Exchange about Board Meeting to be held on 19-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 .
Intimation · 19 Oct 2026, 5:30 am
NELCO LIMITED has informed the Exchange about Board Meeting to be held on 19-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 .
Intimation · 19 Oct 2026, 5:30 am
To consider and approve the financial results for the period ended September 30, 2026
Outcome · 13 Oct 2026, 6:03 pm
Nelco Schedules Board Meeting on 19th Oct'26 for Q2 Financial Results Nelco Limited has scheduled a meeting of its Board of Directors on 19th Oct'26 to consider and approve the standalone and consolidated unaudited financial results for the quarter and half-year ended 30th Sep'26. Additionally, the trading window for dealing in company securities has been closed from 24th Sep'26 and will remain closed until 48 hours after the declaration of the financial results to the stock exchanges.
Nelco Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/10/2026 ,inter alia, to consider and approve Unaudited Financial Results (Standalone ....
Intimation · 19 Oct 2026, 5:30 am
Nelco Board to Consider Q2 Results on 19th Oct'26 Nelco Limited has scheduled its Board of Directors meeting for 19th Oct'26 to consider and approve the standalone and consolidated unaudited financial results for the quarter and half-year ended 30th Sep'26. In compliance with insider trading regulations, the trading window for dealing in company securities has been closed since 24th Sep'26 and will remain shut until 48 hours after the declaration of the financial results.
Update on Credit Ratings
Others (Uncategorized) · 27 Aug 2026, 2:31 am
Nelco Outlook Revised to 'Watch Developing' Post Strategic Investment CRISIL revised Nelco's outlook from 'Stable' to 'Watch Developing' on Aug 26, '26, following its $20M investment in Lunar Holdco. This investment, funded by an eight-year ₹191 crore term loan, is for compulsorily convertible debentures. The 'Watch Developing' status reflects CRISIL's evaluation of the deal's impact on Nelco's risk profile, debt metrics, and future benefits from Lunar's D2D satellite services. While FY26 revenue was stable at ₹307 crore, PAT margin fell to 1.0% from 3.1% in FY25.
Nelco Announces Strategic Partnership with Elveo to bring Next Generation Director-to-Device and IoT Connectivity to South Asian Markets
Press Release · 17 Aug 2026, 10:04 pm
Nelco Announces Strategic Partnership with Elveo for D2D and IoT Connectivity Nelco announced a strategic partnership and investment in Elveo Mobile on 17 Aug'26 to deliver next-gen Direct-to-Device (D2D) satellite and IoT connectivity solutions. The collaboration targets enterprise and government customers in India and South Asian markets, focusing on sectors like automotive, maritime, and energy. This partnership enables Nelco to leverage Elveo's satellite network, expanding its service offerings and addressing new market opportunities in the growing Satcom sector, including disaster response and infrastructure monitoring.
Strategic Investment in Lunar Holdco, Inc.
Others (Uncategorized) · 17 Aug 2026, 9:43 pm
Nelco Invests $20 Million in US Satellite Firm Lunar Holdco Nelco has invested USD 20 million in Lunar Holdco, Inc., a US-based satellite communications company, via Compulsorily Convertible Debentures (CCDs). The transaction was completed on 17 Aug'26. Lunar, a pre-revenue entity formed from the merger of Lynk Global and Omnispace, is developing a global NGSO network for D2D, IoT, and mobile satellite services. The CCDs carry a 7% annual compounded return. This strategic investment aims to establish a long-term partnership for providing satellite-based communication services in India and other countries, providing Nelco access to emerging connectivity solutions.
Intimation of reappointment of Cost Auditors of the Company
Change in Management · 16 Jul 2026, 11:35 pm
Nelco Q1FY27 Net Profit Rises 30% YoY, Reverses Labour Code Provision Nelco reported Q1FY27 consolidated net profit of ₹234 lakh, up 30% YoY and 115% QoQ. Income from operations grew 7.2% YoY to ₹8,003 lakh. The results include an exceptional gain of ₹106 lakh from reversing a provision related to new labour codes. Profit before tax stood at ₹313 lakh, a 30.4% YoY increase. Basic EPS for the quarter was ₹1.02, compared to ₹0.79 in Q1FY26. The Board also re-appointed P.D.Dani & Associates as Cost Auditors for FY 2026-27.
Unaudited Financial Results (Consolidated and Standalone) along with the Limited Review Reports thereon for the quarter ended 30th June 2026.
Outcome · 16 Jul 2026, 11:29 pm
Nelco Reports Q1FY27 Results, Reverses Labour Code Provision Nelco's Q1FY27 consolidated net profit rose 30% YoY to ₹234 lakhs, while revenue grew 7.1% YoY to ₹8,003 lakhs. Sequentially, profit surged 114.7% QoQ, driven by a ₹106 lakh reversal of a prior provision for Labour Code changes, booked as an exceptional item. The standalone business saw net profit at ₹380 lakhs, up 227.6% YoY, on revenue of ₹5,481 lakhs (+16.9% YoY). The Board also re-appointed P.D.Dani & Associates as Cost Auditors for FY27.
Unaudited Financial Results (Consolidated and Standalone) along with the Limited Review reports thereon for the quarter ended 30th June 2026
Financial Result · 16 Jul 2026, 11:22 pm
Nelco Ltd - Financial Result for the Quarter ended 30th Jun'26 (Consolidated, INR Lakhs) ■ Revenue: 8,003 (+7.0% YoY | +1.1% QoQ) ■ EBITDA: 832 (+7.5% YoY | +50.5% QoQ) ■ EBITDA Margin (%): 10.4 (+5 bps YoY | +341 bps QoQ) ■ PAT: 234 (+30.0% YoY | +114.7% QoQ) ■ EPS (INR): 1.02 (+29.1% YoY | +112.5% QoQ)
Nelco Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/07/2026 ,inter alia, to consider and approve the Unaudited Financial Results (Standalone ....
Intimation · 16 Jul 2026, 5:30 am
Nelco Board Meeting Scheduled for Q1'FY27 Results Nelco's Board of Directors will meet on 16th Jul'26 to consider and approve the unaudited standalone and consolidated financial results for the quarter ended 30th Jun'26. In line with insider trading regulations, the trading window for dealing in the company's securities has been closed since 24th Jun'26 and will reopen 48 hours after the financial results are declared to the stock exchanges. This meeting is a key event for investors tracking the company's performance for the first quarter of fiscal year 2027.
Scrutinizer''s Report
Annual General Meeting · 25 Jun 2026, 12:47 am
Nelco Shareholders Approve All Resolutions at 83rd Annual General Meeting At its 83rd Annual General Meeting on 24th Jun'26, Nelco shareholders passed all five ordinary resolutions with requisite majority. Key approvals include the adoption of standalone and consolidated financial statements for the year ended 31st Mar'26, declaration of dividend, and the re-appointment of Director A. S. Lakshminarayanan. Voting was conducted via remote e-voting and during the virtual meeting. All resolutions received over 99.99% votes in favour from the total valid votes polled. The meeting was attended by 62 shareholders via video conference.
Proceedings and Voting Results of 83rd AGM.
Annual General Meeting · 25 Jun 2026, 12:44 am
Change in Senior Management Personnel
Change in Management · 23 Jun 2026, 11:30 pm
Nelco Announces Key Leadership Transition in Products & Solutions Nelco announced the resignation of Jitender Ahuja, Senior VP – Products & Solutions, effective 30th Jun'26. To ensure continuity, the company has elevated Brajendra Urmalia, currently VP & Head of Maritime Business, to succeed him as VP & Head – Products & Solutions, effective 1st Jul'26. Mr. Urmalia brings over 25 years of experience, including 22 years at Nelco, where he has driven strategic growth in the Maritime Business and expanded enterprise presence across banking, oil, and ATM networks.
Business Responsibility and Sustainability Report for FY 2025-26 of Nelco Limited
Others (Uncategorized) · 01 Jun 2026, 8:20 pm
Nelco Limited: FY26 Business Responsibility and Sustainability Report Highlights Nelco's FY26 revenue is primarily driven by satellite telecommunication services, with bandwidth sales contributing 64% and equipment sales 16%. Exports accounted for 31.05% of turnover. For FY26, the permanent employee turnover rate was 8%, consistent with the prior year. Related party transactions comprised 8.06% of purchases and 6.80% of sales, down from 10.61% and 5.75% in FY25, respectively. Total Scope 1 and 2 GHG emissions were 1,838.18 metric tonnes of CO2 equivalent. The company identified supply chain disruptions and cybersecurity as key risks.
83rd Annual Report of Nelco Limited
Others (Uncategorized) · 01 Jun 2026, 8:17 pm
Nelco FY26: Flat Revenue and Profit Decline Amid Regulatory Delays Nelco's consolidated revenue from operations for FY26 was flat at ₹30,660 lakhs, up 0.57% YoY, while net profit after tax declined 65.16% to ₹332 lakhs. The performance reflects a portfolio in transition, with growth in emerging segments like Maritime and Aero connectivity offset by declines in traditional verticals. Near-term growth was tempered by regulatory delays in the commercial ramp-up of pivotal Low Earth Orbit (LEO) satellite services. The Board has recommended a dividend of ₹1 per share (10%) for FY26.
Notice of 83rd Annual General Meeting of Nelco Limited
Annual General Meeting · 01 Jun 2026, 8:11 pm
Nelco Announces AGM Date, Dividend Declaration, and Record Date Nelco's 83rd Annual General Meeting (AGM) will be held virtually on 24th Jun'26. Key agenda items include adopting financial statements for FY26, declaring a dividend of ₹1 per share (10% of face value), and re-appointing director Mr. A. S. Lakshminarayanan. The record date for the dividend is 09th Jun'26, with the payment scheduled on or after 26th Jun'26. The book closure period is from 10th Jun'26 to 16th Jun'26. Shareholders will also vote on ratifying the cost auditor's remuneration.
Change in Senior Management Personnel
Change in Management · 29 May 2026, 8:48 pm
Nelco Promotes Senior Executive to Vice President & Head of Network Operations Nelco Limited announced a change in its Senior Management Personnel on 29th May'26. Mr. Kingshuk Basak, previously Head-Network Operations & Engineering, has been promoted to Vice President & Head – Network Operations. The promotion, based on his performance and leadership, is effective from 1st Apr'26. Mr. Basak was already part of the Senior Management Team, and the terms of his existing full-time employment continue.
Communication to Shareholders - Intimation on Tax Deduction on Dividend
Dividend · 13 May 2026, 9:51 pm
Nelco Communicates TDS Policy on FY26 Dividend Nelco's Board has recommended a dividend of Rs. 1/- per share (10%) for FY ending 31 Mar'26, subject to shareholder approval. The dividend is taxable, and the company will deduct tax at source (TDS). For resident shareholders with a valid PAN, the TDS rate is 10%; without a PAN, it's 20%. For non-residents, including FII/FPIs, the rate is 20% plus surcharge. Shareholders must submit exemption/lower-rate documents by 10 Jun'26 to ensure the correct TDS is applied.
Intimation of Record date for payment of dividend, if declared for the financial year 2025-26
Dividend · 11 May 2026, 10:23 pm
Nelco sets Record Date for FY26 Dividend Nelco has fixed Tue, 9th Jun'26 as the record date to determine shareholder eligibility for the FY26 dividend. The board had previously recommended a dividend of ₹1 per equity share (10% of face value) on 20th Apr'26. Payment is subject to shareholder approval at the upcoming 83rd Annual General Meeting (AGM) and will be made after applicable tax deductions. This applies to shareholders holding shares in both electronic and physical forms as of the record date.
Outcome of Board Meeting
Others (Uncategorized) · 01 May 2026, 9:55 pm
Nelco Board Approves Raising Borrowing Limit by ₹150 Crores Nelco's Board of Directors, at its meeting on 01st May'26, approved enhancing the company's borrowing limit to ₹400 crores, up from the previous ₹250 crores. This increased limit facilitates potential fundraising through various instruments, including the issuance of non-convertible debentures (NCDs) aggregating up to ₹210 crores via private placement, term loans, or other financial instruments. The move is subject to requisite approvals and provides greater financial flexibility for future growth initiatives. The board has authorized specific individuals to finalize the terms.
Outcome of the Board Meeting
Outcome · 01 May 2026, 9:45 pm
Nelco Board Approves Raising Borrowing Limit and Issuing NCDs Nelco's Board of Directors approved enhancing the company's borrowing limit to ₹400 crores from the previous ₹250 crores on 01 May'26. This includes raising funds via issuance of non-convertible debentures (NCDs) aggregating up to ₹210 crores through private placement. The board has also authorized specific personnel to finalize the terms and conditions for the fundraising. The funds may also be raised via term loans or other instruments. Further details will be disclosed upon allotment of the securities.