Shareholders meeting

NESCO LIMITED T +91 22 6645 0123 Nesco Center F +91 22 6645 0101 Western Express Highway E contact@nesco.in Goregaon (East) W www.nesco.in Mumbai 400 063 3 July 2026 BSE Limited National Stock Exchange of India Limited Department of Corporate Services 5th Floor, Exchange Plaza, 25th Floor, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (East), Mumbai - 400 001 Mumbai - 400 051 Ref: 505355 Ref: NESCO Sub: Notice of 67th Annual General Meeting Dear Sir/Madam, Please find enclosed Notice of 67th Annual General Meeting of the Company to be held on Monday, 27 July 2026 at 3:30 p.m. (IST) for the financial year 2025-26. This is for your information and records. Thanks and Regards, For Nesco Limited Shalini Kamath Company Secretary & Compliance Officer Mem No. A14933 Encl: as above CIN L68100MH1946PLC004886 NOTICE Resolution), be and is hereby authorised to take all such include any Committee of the Board constituted to steps as may be necessary, proper and expedient to give exercise its powers, including the powers conferred by this effect to this Resolution.” Resolution), be and is hereby authorised to take all such steps as may be necessary, proper and expedient to give Nesco Limited 6. A ppointment of Mr. Rajesh G. Upadhyay effect to this Resolution.” CIN L68100MH1946PLC004886 (DIN:10963113) as a Whole-time Director of the Registered Office: Nesco Center, Western Express Highway, Goregaon (East) 7. R atification of cost auditors’ remuneration for Mumbai – 400063 Company, designated as Executive Director the financial year ending 31 March 2027. Tel. No.: +91 22 66450123, Mobile No.: + 91 9137500282 (Commercial & Operations). Website: www.nesco.in, Email: companysecretary@nesco.in To consider and if thought fit, to pass, the following To consider and if thought fit, to pass the following resolution as an Ordinary Resolution: NOTICE OF 67TH ANNUAL GENERAL MEETING resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 148 Dear Members, Securities and Exchange Board of India (Listing Obligations “RESOLVED THAT pursuant to the provisions of Section and other applicable provisions, if any, of the Companies and Disclosure Requirements) Regulations, 2015, (including 196,197, 203 read with Schedule V and all other applicable NOTICE is hereby given that the 67th Annual General Meeting Act, 2013 and the Companies (Audit and Auditors) any statutory modification(s) or re-enactment(s) provisions of the Companies Act, 2013 (‘the Act’) and the (‘AGM’) of the members of Nesco Limited, will be held on Monday, Rules, 2014 (including any statutory modification(s) or thereof, for the time being in force) and based on the rules made thereunder, the applicable provisions of the 27 July 2026 at 3:30 p.m. (IST) through Video Conference re-enactment(s) thereof for the time being in force), recommendation of the Nomination and Remuneration SEBI (Listing Obligations and Disclosure Requirements) (‘VC’)/Other Audio-Visual Mode (‘OAVM’) to transact the the remuneration of I50,000 (Rupees Fifty Thousand Committee and Board of Directors, approval of the members Regulations, 2015 (‘Listing Regulations’) (including any following business: only) plus applicable taxes and out-of-pocket expenses of the Company be and is hereby accorded to re-appoint statutory modification(s) or re-enactment(s), thereof incurred in connection with the cost audit and payable to Mrs. Sudha S. Patel (DIN:00187055), as a Non- Executive, for the time being in force), the provisions of the Articles ORDINARY BUSINESS: M/s. Y.S. Thakar & Co., Cost Accountants (Firm Registration Non-Independent Director who has attained the age of of Association of the Company and based on the No.000318), appointed by the Board of Directors on the 75 (seventy five) years and retires by rotation and being recommendations of the Nomination and Remuneration 1. A doption of Audited Standalone Financial recommendation of the Audit Committee, as cost auditors eligible, offers herself for re-appointment and continuation Committee and the approval of Board of Directors of the Statements. to conduct the audit of cost records maintained by the as a Director of the Company, liable to retire by rotation; Company and subject to such other consent(s), approval(s) Company for the financial year ending 31 March 2027 be T o receive, consider and adopt the audited standalone RESOLVED FURTHER THAT the Board of Directors of the and permission(s) as may be necessary in this regard, and is hereby ratified; consent of the members be and is hereby accorded for financial statements of the Company for the financial year Company (including any committee thereof) be and is ended 31 March 2026 together with the report of Board of hereby authorised to do all such acts, deeds or things appointment of Mr. Rajesh G. Upadhyay (DIN:10963113) as RESOLVED FURTHER THAT the Board of Directors of the Directors and Auditors’ thereon. and take all such steps as may be necessary, proper or a Whole-time Director of the Company, designated as Company (including any committee thereof) be and is Executive Director (Commercials & Operations) to hold hereby authorised to do all such acts, deeds or things expedient to give effect to this resolution.” office for a period of 3 (three) years, w.e.f. from 1 June 2026 and take all such steps as may be necessary, proper or 2. A doption of Audited Consolidated Financial upto 31 May 2029, liable to retire by rotation, upon such expedient to give effect to this resolution.” Statements. 5. A ppointment of Mr. Rajesh G. Upadhyay terms and conditions and remuneration as set out in the T o receive, consider and adopt the audited consolidated (DIN:10963113) as a Director of the Company. Explanatory Statement annexed herewith (including the By Order of the Board of Directors, minimum remuneration to be paid in the event of loss financial statements of the Company for the financial To consider and if thought fit, to pass the following Shalini D. Kamath year ended 31 March 2026 together with the report of or inadequacy of profits in any financial year during the resolution as an Ordinary Resolution: Mumbai Company Secretary and Compliance Officer tenure of his appointment), with a discretion to the Board Auditors’ thereon. 25 May 2026 ACS 14933 “ RESOLVED THAT pursuant to the provisions of Section 152 of Directors to alter and vary the terms and conditions of and other applicable provisions, if any, of the Companies the said appointment and remuneration in such manner 3. Declaration of dividend. Act, 2013 ('the Act') and the rules made thereunder and as may be agreed to between the Board of Directors and Registered Office: T o declare a dividend of I7.00/-per equity share of face the applicable provisions of SEBI (Listing Obligations Mr. Rajesh G. Upadhyay; Nesco Center, Western Express Highway value of I 2/- each of the Company for the financial year and Disclosure Requirements) Regulations, 2015 (‘Listing Goregaon (East) RESOLVED FURTHER THAT the Board of Directors of the ended 31 March 2026. Regulations’) (including any statutory modification(s) or Mumbai – 400063 Company (which term shall be deemed to hereinafter re-enactment(s) thereof for the time being in force), the SPECIAL BUSINESS: provisions of the Articles of Association of the Company and based on the recommendations of the Nomination 4. A ppoint a Director in place of Mrs. Sudha S. and Remuneration Committee and the Board of Directors, Patel (DIN:00187055), Non-Executive, Non- approval of the members be and is hereby accorded for appointment of Mr. Rajesh G. Upadhyay (DIN:10963113), who Independent Director, who retires by rotation is appointed as an Additional Director of the Company by and being eligible, seeks re-appointment and the Board of Directors w.e.f. 1 June 2026 and who holds continuation in office. office upto the date of this Annual General Meeting and in respect of whom the Company has received a notice T o cons [Showing first 8,000 characters — download PDF for full document]