Nelco Limited has submitted its Business Responsibility and Sustainability Report for FY 2025-26 to BSE and NSE, pursuant to Regulation 34(2)(f) of the SEBI Listing Regulations. The report forms an integral part of the Annual Report and outlines the company's performance on environmental, social, and governance parameters. The company reported a total workforce of 317 employees, comprising 206 permanent and 111 other than permanent staff, with women constituting 8% of the total workforce.

Environmental Performance

The company disclosed its environmental footprint for the financial year, reporting total energy consumption of 8,436 GJ, entirely sourced from non-renewable sources. Water consumption stood at 7,102 kiloliters, sourced entirely from third parties. In terms of greenhouse gas emissions, Nelco reported total Scope 1 emissions of 228 metric tonnes of CO2 equivalent and Scope 2 emissions of 1,610.18 metric tonnes of CO2 equivalent. The report also noted the initiation of Scope 3 emissions monitoring, which totalled 13,168 metric tonnes of CO2 equivalent for the year. Waste management data indicated the generation of 9.93 metric tonnes of waste, of which 10.9 metric tonnes were reused and 0.61 metric tonnes were disposed of.

Social and Governance Disclosures

Nelco affirmed its commitment to human rights and ethical business conduct, with 100% of employees receiving training on these topics. The report highlighted that no complaints were filed regarding sexual harassment, discrimination, or child labor during the year. The company maintained a dominant position in the satellite communication market, serving 28 states and 8 union territories, with exports contributing 31.05% to total turnover. On the governance front, the Board, led by Managing Director and CEO PJ Nath, oversees ESG strategy through a dedicated committee, ensuring compliance with the National Guidelines on Responsible Business Conduct (NGRBC). The statutory auditors, S. R. Batliboi & Associates LLP, issued an unmodified opinion on the financial statements.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE045B01015/168692b5f6d6406a.pdf

Nelco Limited will hold its 83rd Annual General Meeting (AGM) on Wednesday, 24 June 2026, at 3:30 p.m. IST via video conferencing. The meeting will transact ordinary business, including the adoption of audited financial statements for the financial year ended 31 March 2026 and the declaration of a dividend. Shareholders will also consider the ratification of the Cost Auditor's remuneration and the re-appointment of a director.

The Board of Directors has recommended a dividend of ₹1 per equity share of ₹10, subject to the deduction of tax at source. If declared at the AGM, the dividend will be paid on or after Friday, 26 June 2026. The Register of Members and Share Transfer Books will remain closed from Wednesday, 10 June 2026 to Tuesday, 16 June 2026, with the record date set for Tuesday, 9 June 2026.

Special Business

The AGM includes special business regarding the ratification of the Cost Auditor's remuneration. The Board has approved the appointment of P. D. Dani & Associates, Cost Accountants, to conduct the audit of cost records for FY2025-26. The remuneration proposed is ₹1,25,000 plus GST and reimbursement of out-of-pocket expenses on an actual basis.

Shareholders will also consider the re-appointment of Mr. A. S. Lakshminarayanan (DIN 08616830), who retires by rotation and is eligible for re-appointment. Mr. Lakshminarayanan serves as the Non-Executive Chairman of the company.

E-Voting and Participation

Remote e-voting facilities will be available to members from Friday, 19 June 2026 at 9:00 a.m. IST to Tuesday, 23 June 2026 at 5:00 p.m. IST. Members holding shares as on the cut-off date of Wednesday, 17 June 2026 are eligible to vote. The facility for remote e-voting during the AGM will also be available for members participating through video conferencing.

The following table outlines the key AGM dates: