Nelco Ltd

Nelco Ltd

Nelco Ltd has published a newspaper advertisement under Regulation 30 of the SEBI Listing Regulations, 2015, regarding the extension of the special window for re-lodging transfer requests of physical shares.

Nelco Ltd

Nelco Ltd has announced that CRISIL Ratings has revised its outlook on the company as 'Watch Developing' due to its investment in Lunar Holdco, which has been funded through additional debt of Rs 191 crore. The ratings reflect Nelco's sustained market position in the VSAT service industry, healthy revenue visibility, and support from the Tata group.

Nelco Ltd

Nelco Ltd has announced a strategic partnership with Elveo to bring next-generation Direct-to-Device (D2D) and IoT connectivity to South Asian markets.

Nelco Ltd

Nelco Ltd has made a strategic investment in Lunar Holdco, Inc. by subscribing to Compulsorily Convertible Debentures (CCDs) worth USD 20 million. The investment is intended to establish a long-term partnership with Lunar for the provision, distribution, and commercialization of Direct-to-Device (D2D), IoT, and mobile satellite services in India and other countries.

Nelco Ltd

Nelco Ltd announced a change in its Senior Management Personnel. Mr. Jitender Ahuja, Senior Vice President, Products & Solutions, has resigned to pursue personal aspirations, effective June 30, 2026. Concurrently, Mr. Brajendra Urmalia, currently Vice President & Head – Maritime Business, has been elevated to Vice President & Head – Products & Solutions, effective July 1, 2026. Mr. Urmalia brings over 25 years of professional experience, with 22 years at Nelco, where he has driven strategic growth and built organizational capabilities.