NELCO Limited's Board of Directors has approved the enhancement of the company's borrowing limits to up to ₹400 crores from the existing limit of ₹250 crores. The decision was taken 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.

Borrowing Structure and NCD Details

The approved borrowing structure includes multiple financing instruments to support the company's expansion plans:

The Board has authorized certain identified persons to determine and finalize the terms and conditions for such fund-raising. The details of the same 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 Focus and Purpose

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.

Regulatory Compliance

The fund raising initiative will be conducted under comprehensive regulatory oversight, ensuring compliance with multiple statutory requirements including the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI (Issue and Listing of Non-Convertible Securities) Regulations, 2021. The intimation has been made in compliance with the SEBI Master Circular bearing reference number HO/49/14/14(7)2025-CFDP0D2/1/3762/2026 dated July 11, 2023 (last updated on January 30, 2026).

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.