Nesco Limited
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)
What Nesco files
- Others59
- Important35
- Board Meeting11
- Investor Meet7
- Updates6
- Dividend/Bonus3
Nesco Limited has informed the Exchange about Action(s) taken or orders passed
Nesco commenced Tower 2 construction (estimated ₹3,500 Cr) and Hall 1 redevelopment (₹200 Cr capex). Annual income surpassed ₹1,000 Cr. The company is debt-free with ₹1,650 Cr liquidity. Wayside Amenities progressing, though some site costs (₹1.25-1.5 Cr) were expensed.
Nesco approved audited Q4 and full-year results, showing ₹412.80 Cr profit after tax. A ₹7/share dividend for FY26 was proposed, totaling ₹49.32 Cr. Mr. Rajesh G. Upadhyay was appointed Executive Director (Commercial & Operations).
Nesco Limited's routine GST search by state tax authorities has concluded. The company cooperated fully, and no further material updates requiring disclosure have emerged, indicating a clear resolution.
Nesco surrendered 2 of 3 Wayside Amenities sites to NHLML due to viability concerns. The project now focuses on 1 site with an estimated development cost of Rs. 75 Cr. This site is expected to generate Rs. 115 Cr in annual revenue from year 4, with annual lease rent of...