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NESCO is engaged in the businesses of Licencing premises in IT park buildings and providing related services, licencing premises for exhibitions and providing services to the organisers, manufacturing of machines and capital equipment, and providing hospitality and catering services.(Source : 202003 Annual Report Page No:74)
Nesco secured environmental clearance for its planned Realty and Exhibition projects at Nesco Center, Mumbai. This is a key step, enabling the company to now pursue the Certificate of Commencement for these developments.
Nesco has scheduled its 67th Annual General Meeting. Shareholders can access the AGM notice and FY26 annual report via a web-link. The company urges investors to register their email and update KYC details for efficient future communications.
Nesco reported FY25-26 financials (Turnover ₹932.06 Cr, Net Worth ₹2,996.49 Cr). It paid ₹2.95 Cr in regulatory penalties. The IT Park now uses 100% renewable energy, significantly cutting Scope 2 GHG emissions. Organic waste composting capacity expanded by 800kg. Nesco Retail Private Limited was incorporated for new hospitality/realty ventures.
Nesco's VP (Events & Exhibitions), a Senior Managerial Personnel, has been granted bail following an earlier arrest. The company confirms it will monitor further developments related to the matter.