Nesco Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
NESCO · price
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Awaiting price reaction for this filing.
Krishna Sumant Patel, on behalf of the Promoter and Promoter Group of Nesco Limited, has submitted a declaration to the exchanges confirming that no encumbrances (such as pledges or charges) were created on the company's shares, directly or indirectly, during the financial year ended 31 March 2025. The filing provides the names and PAN details of all promoter and promoter group entities, including individuals (Krishna Sumant Patel, Sudha Patel, Aaraav Patel), HUFs (S J Patel HUF), and companies (Patel Consultancy Services, Chandler & Price (I) Pvt Ltd, Engineering Global Pte Ltd). This is a follow-up to an earlier disclosure made on 1 April 2025, requested by the exchange via email dated 2 April 2025.
This is a routine compliance filing and a mildly positive signal — it confirms that promoters have not pledged any of their shares during the year, suggesting no immediate financial stress on the promoter group. It is unlikely to have a direct impact on the stock price.