Nesco Limited has declared a dividend of ₹7 per equity share for the financial year ended 31 March 2026. The company has scheduled its 67th Annual General Meeting (AGM) for 27 July 2026 at 3:30 p.m. IST through video conference. The record date for determining shareholder eligibility is 20 July 2026, with payment scheduled on or before 12 August 2026.

The Board of Directors has recommended the appointment of Mr. Rajesh G. Upadhyay as a Whole-time Director designated as Executive Director (Commercial & Operations) for a period of three years, effective from 1 June 2026 to 31 May 2029. His remuneration will range between ₹2,50,000 and ₹3,62,500 per month, subject to shareholder approval. Additionally, the meeting will seek ratification for the remuneration of cost auditors M/s. Y.S. Thakar & Co., fixed at ₹50,000 plus applicable taxes and out-of-pocket expenses for the financial year ending 31 March 2027.

Mrs. Sudha S. Patel, a Non-Executive, Non-Independent Director who retires by rotation, is eligible for re-appointment. The notice confirms she has attained the age of 75 and seeks shareholder approval to continue in office. The company has engaged Ms. Neeta H. Desai from ND & Associates as the scrutiniser to oversee the e-voting process.

In compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company issued letters to shareholders who have not registered their email addresses. These letters provide the weblink for accessing the Notice of the 67th AGM and the Annual Report for the financial year 2025-26. The company reminded shareholders that those holding physical shares without updated PAN, nomination, and bank details will receive dividends only via electronic mode from 1 April 2024.

Key Meeting Details

Agenda for the 67th AGM

The business to be transacted at the meeting includes:

Ordinary Business

• Adoption of audited standalone and consolidated financial statements for the year ended 31 March 2026.
• Declaration of dividend of ₹7 per equity share of face value ₹2 each.

Special Business

• Re-appointment of Mrs. Sudha S. Patel as a Non-Executive, Non-Independent Director.
• Appointment of Mr. Rajesh G. Upadhyay as a Director liable to retire by rotation.
• Appointment of Mr. Rajesh G. Upadhyay as Whole-time Director designated as Executive Director (Commercial & Operations).
• Ratification of cost auditors' remuneration for the financial year ending 31 March 2027.

Shareholders can participate in the AGM via video conference or other audio-visual means. The facility for remote e-voting will be available from 23 July 2026 to 26 July 2026. Members holding shares in physical form are requested to ensure their bank details, PAN, and nomination details are registered to facilitate electronic dividend payments.

Nesco Limited filed its Business Responsibility and Sustainability Report ('BRSR') for the financial year 2025-26 with the stock exchanges. The report outlines the Company's performance against the National Guidelines on Responsible Business Conduct, detailing material issues such as energy management, waste handling and occupational health and safety. The document forms an integral part of the Annual Report 2025-26 and is available on the Company's website.

The Company reported that its IT Park operates on 100% renewable electricity, and green energy was extended to the Bombay Exhibition Center ('BEC') and Events organisers at no additional cost from FY 2025-26. This transition supports the Company's target to source over 75% of energy from renewable sources by FY 2026-27. In terms of waste management, the capacity of the Organic Waste Composter ('OWC') was expanded by 800 kg to a total of 1,040 kg to process organic waste on-site. The Company maintained a zero-incident record for workplace safety, with zero fatalities and zero recordable injuries recorded during the year.

Financial and Operational Context

The BRSR filing follows the Company's financial results for FY 2025-26, where total income rose to ₹1,031.58 crores and Profit After Tax grew to ₹412.80 crores. The Board has recommended a final dividend of ₹7.00 per equity share. The report highlights that the Company's diversified income base and steady operating cash flows provide the liquidity to fund ongoing infrastructure projects from internal accruals.

ESG Performance Highlights

| Metric | FY 2025-26 | FY 2024-25 | |---|---|---|---| | Total Energy Consumed (GJ) | 1,49,300.41 | 1,15,447.29 | | Total Scope 1 & 2 Emissions (tCO2e) | 2,355.55 | 9,579.41 | | Total Waste Generated (MT) | 928.25 | 3,537.86 | | Water Withdrawal (KL) | 4,40,957.61 | 3,33,549.64 | | Customer NPS | 94.80 | - |

The report confirms that the Company has established a formal Supplier Code of Conduct, with 100% of suppliers adhering to it during the year. It also details the resolution of 32 customer complaints, with one pending at the close of the financial year.