Nesco Limited has informed the Exchange regarding Change in Director(s) of the company.
NESCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.6 pts less than Nifty Microcap 250 and 1.9 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Nesco Limited reported strong FY2026 results with revenue from operations growing 27% to ₹932.06 crore from ₹732.01 crore. Profit after tax increased 10% to ₹412.80 crore versus ₹375.22 crore last year. EPS stands at ₹58.59. The Board recommended a 7.7% higher final dividend of ₹7 per share (₹6.50 last year), worth ₹49.32 crore, payable by August 12, 2026. The Board appointed Mr. Rajesh G. Upadhyay (66 years, B.Com with 45+ years experience) as Additional and Whole-time Director (Executive Director - Commercial & Operations) for 3 years effective June 1, 2026. Upadhyay, previously VP Operations for Indabrator division until his retirement in 2018, rejoins as an internal appointment. The Board also reappointed Deloitte Touche Tohmatsu as internal auditor and Y.S. Thakar & Co. as cost auditor for FY2026-27. The 67th AGM is scheduled for July 27, 2026.
The company demonstrated robust operational performance with double-digit profit growth and an increased dividend payout, which is positive for shareholders. The appointment of an experienced internal executive as Whole-time Director provides continuity in leadership without disruption.