NELCO Limited's Board of Directors has officially approved the enhancement of the company's borrowing limits to ₹400 crores from the existing limit of ₹250 crores. The decision was formalized at the board meeting held on May 1, 2026, pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board meeting commenced at 3.00 p.m. and concluded at 3.40 p.m.

Enhanced Borrowing Structure and Financial Framework

The approved borrowing enhancement represents a 60% increase in the company's debt capacity, providing significant financial flexibility for expansion initiatives:

The Board has authorized certain identified persons to determine and finalize the terms and conditions for such fund-raising. The details will be disclosed at the time of the meeting convened for the allotment of securities, in the event that funds are raised through the issuance of securities.

Strategic Investment Focus

The fund raising initiative specifically targets investments in satellite communication businesses and technologies, indicating the company's strategic focus on this growing sector. The private placement approach for NCDs suggests a targeted funding strategy designed to attract institutional and qualified investors.

Comprehensive Regulatory Compliance Framework

The fund raising initiative operates under extensive regulatory oversight, ensuring compliance with multiple statutory requirements:

The company has ensured full transparency by making all information available on its official website at www.nelco.in , providing stakeholders with complete access to the board meeting outcomes and regulatory documentation.

Implementation Timeline and Next Steps

The approval provides NELCO with the framework to proceed with fund raising activities as market conditions and business requirements dictate. The company has established a structured approach where specific terms and conditions will be determined by authorized personnel and disclosed during the securities allotment process, ensuring appropriate timing and market alignment for the fund raising initiatives.

NELCO Limited has announced the extension of a special window for re-lodgement of physical share transfer requests, as disclosed through newspaper advertisements published on April 28, 2026. The announcement was made in compliance with regulatory requirements under the SEBI Listing Regulations.

Regulatory Compliance and Disclosure

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The company's action follows a SEBI circular dated January 30, 2026, which pertains to the extension of the special window for re-lodgement of transfer requests for physical shares.

Publication Details

The newspaper advertisements regarding the extension were published in two prominent publications to ensure wide dissemination of information:

Corporate Communication

The formal disclosure was communicated to both major stock exchanges where NELCO shares are listed. The communication was signed by Ritesh Kamdar, Company Secretary & Head – Legal (ACS 20154), and was digitally signed on April 28, 2026, at 15:22:28 +05'30'.

Investor Information Access

In addition to the newspaper publications, NELCO has made the advertisement details available on its official website at www.nelco.in , ensuring accessibility for all stakeholders and investors who may be affected by the extension of the special window for physical share transfers.