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Nelco, a part of Tata Group, started in 1940 as a electronics company. Nelco offers solutions in areas of VSAT connectivity, Satcom Projectsand Integrated Security & Surveillance Solutions
NELCO Limited has informed the Exchange about Copy of Newspaper Publication
CRISIL Ratings has placed Nelco's Long Term (CRISIL A) and Short Term (CRISIL A1) bank facilities on 'Watch Developing', revising the outlook from 'Stable'. This stems from Nelco's ~Rs 191 Cr debt-funded investment in Lunar Holdco. CRISIL is evaluating the transaction's impact on Nelco's business and financial risk profile.
NELCO Limited has informed the Exchange about "Nelco Announces Strategic Partnership with Elveo to bring Next Generation Direct-to-Device and IoT Connectivity to South Asian Markets"
Nelco strategically invested USD 2 Cr in Lunar Holdco, a US satellite communications company. This CCD investment secures a long-term partnership for D2D, IoT, and mobile satellite services, tapping into emerging connectivity solutions.
NELCO Limited has informed the Exchange about Copy of Newspaper Publication