Nelco Ltd — Proxy Solicitation & Information Statement 2026

May 15, 2026

nelco
unlock potential

15th May 2026

BSE Limited
Rotunda Building
P.J. Towers, Fort,
Dalal Street,
Mumbai – 400 001

National Stock Exchange of India Limited
5th floor, Exchange Plaza, Plot No.C-1
Block “G” Bandra Kurla Complex
Bandra (East)
Mumbai – 400 051

BSE Code : 504112
NSE Code : Nelco EQ

Dear Sirs,

Sub: Newspaper Advertisement – Notice of Postal Ballot

Pursuant to Regulations 30 Part A Para A and other applicable provisions, if any, of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, we enclose the copies of newspaper advertisement published in Business Standard (English), and Sakal (Marathi) on 15th May 2026, informing the dispatch of notice of Postal Ballot and E-voting information.

This is for your information and records.

You are requested to take the same on record.

Thanking you

Yours faithfully,
NELCO Limited

RITESH N KAMDAR
Digitally signed by RITESH N KAMDAR
Date: 2026.05.15 13:01:02 +05'30'

Ritesh Kamdar
Company Secretary & Head legal
ACS: 20154

Encl: As above.

Nelco Limited EL-6 TTC Industrial Area MIDC Electronics Zone Mahape Navi Mumbai 400 710 India
Tel 91 22 6791 8728 6739 9100 email services@nelco.in website www.nelco.in
CIN No L32200MH1940PLC003164
A TATA Enterprise

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MUMBAI | FRIDAY, 15 MAY 2026 Business Standard

NELCO LIMITED CIN: L32203MH194GPLC003164 Registered Office: EL-6, Electronics Zone, MIDC, Mahape, Navi Mumbai - 400 710, India. Tel. No.: +91 022 6739 9100 Email: cheah.kamdar@nelco.in, Website: www.nelco.in
POSTAL BALLOT NOTICE AND REMOTE e-VOTING INFORMATION
Notice is hereby given that the Nelco Limited ("the Company") is seeking approval of its members on the following resolutions through postal ballot by voting only through electronic means (remote e-voting):
Sl. No.	Description of the Resolutions	Type of Resolution
1	Creation of charge on assets of the Company under Section 180(1)(a) of the Companies Act, 2013	Special
2	Enhancement in overall borrowing limits of the Company under Section 180(1)(c) of the Companies Act, 2013	Special
3	Issue of non-convertible debentures on a private placement basis	Special
4	Material Related Party Transactions with Tata Capital Limited	Ordinary
The postal ballot Notice ("Notice") is available on the website of the Company at www.nelco.in and on the website of National Securities Depository Limited ("NSDL") at www.evoting.nsdl.com. Additionally, the Notice will also be available and may be accessed from the relevant sections of the website of the stock exchanges on which the securities of the Company are listed i.e. at www.nsemdla.com and www.bsemdla.com respectively. Pursuant to Section 110 read with Section 108 and other applicable provisions, if any, of the Companies Act, 2013 ('Act') (including any statutory modification(s) or re-enactment(s) thereof for the time being in force), read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014 ('Rules'), Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), the Secretarial Standard on General Meetings issued by The Institute of Company Secretaries of India ('SS-2'), each as amended, and in accordance with the requirements prescribed by the Ministry of Corporate Affairs ('MCA') for holding general meetings/conducting postal ballot process through e-voting vote various MCA Circulars, the Company is providing e-voting facilities to the Members, enabling them to cast their vote electronically on all the resolutions set forth in the Notice instead of submitting the physical Postal Ballot form. The Company has on Thursday, 14th May 2026 completed the dispatch of notice dated Friday, 1st May, 2026 seeking approval of the members of the Company by email only to the members whose name appears in the Register of Members / List of Beneficial Owners as received from NSDL, Central Depository Services (India) Limited ("CDSL") and MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited), the Company's Registrar to an Issue and Share Transfer Agent (RTA) and whose e-mail addresses are available with the Company as on Friday, 1st May, 2026 (Cut-Off date). The voting rights shall also be reckoned on the paid-up value of shares registered in the name(s) of the members as on the Cut-off date. A physical copy of the notice along with postal ballot form and prepaid business reply envelope, have not been sent to the members for this postal ballot. A person who is not a Member on the Cut-Off Date should treat this Notice for information purposes only. The Company has engaged the services of NSDL for the purpose of providing remote e-voting facility to its members to enable them to cast their votes electronically and in a secure manner. The remote e-voting shall commence on Friday, 15th May, 2026, at 9:00 a.m. (IST) and shall end on Saturday, 13th June, 2026, at 5:00 p.m. (IST). The remote e-voting facility will be disabled by NSDL immediately thereafter and will not be allowed beyond the said date and time. Members are requested to record their Assent (FOR) or Dissent (AGAINST) through the remote e-voting process not later than 05:00 p.m. (IST) on Saturday, 13th June, 2026. During this period, Members of the Company holding shares either in physical or electronic form as on the Cut-Off Date shall cast their vote electronically. The voting rights of the Members shall be in proportion to their share of the paid-up Equity Share capital of the Company as on the Cut-Off Date. Once the vote on the resolution is cast by a Member, the Member shall not be allowed to change it subsequently. To facilitate Members to receive this Notice electronically and cast their votes electronically, the Company has made special arrangements with the RTA for registration of email addresses in terms of the MCA Circulars. Eligible Members who have not submitted the same to the RTA, are required to provide their email address to the RTA, on or before 5:00 p.m. (IST) on Friday, 29th May, 2026, basis which NSDL will provide the Member with a copy of the Notice. The procedure to register email address with the RTA and the procedure of remote e-voting is provided in the 'Notes' section of the Notice. The Board of Directors has appointed Mr. P. N. Parikh (Membership No. FCS 327, CP No. 1228) or failing him, Ms. Sarvari Shah (FM697, CP 11717) or failing her, Mr. Mitesh Dhabiwala (FCS 8331, CP No. 9511) of Mrs. Parikh and Associates, Practicing Company Secretaries, as the Scrutinizer to scrutinize the postal ballot process in a fair and transparent manner. The Results of the e-voting conducted through postal ballot (through the remote e-voting process) along with the Scrutinizer's report will be announced on or before 5:00 p.m. of Tuesday, 16th June, 2026. The same will be displayed on the website of the company at www.nelco.in, the website of NSDL at www.evoting.nsdl.com and the same shall be communicated to the Stock Exchanges where the equity shares of the Company are listed. The results shall also be displayed on the noticeboard at the Registered Office of the Company. The Resolutions, if passed by requisite majority, will be deemed to be passed on the last date of the voting period i.e. Saturday, 13th June, 2026. In case of any queries, you may refer the Frequently Asked Questions ('FAQs') for Shareholders and e-voting user manual for Shareholders available at the download section of www.evoting.nsdl.com or call on: 022-4886 7000 and 022-2499 7000 or send request to Ms. Pallavi Mhatre, Senior Manager - NSDL or Mr. Amit Vahal, Deputy Vice-President - NSDL at evoting@nsdl.co.in. Members are requested to carefully read all the notes set out in the notice and in particular, the manner of casting vote remote e-voting. By the Order of the Board of Directors For Nelco Limited, SdI- Ritesh Kamdar Company Secretary ACS: 20154 Date: Thursday, 14th May 2026 Place: Navi Mumbai --- अखेबर फंकलिंग इंडियास डेट फंड उल्लेखनीय मुंबई : फंकलिंग इंडिया बैंकिंग और पीडब्ल्यू डेट फंडाने आपल्या सहभागीती वर लॉ महामारीपैकी पूर्ण केली आहेत. डेट फंड कॅन्टेटिव सर्वात जुल्म योजनांपैकी ही योजना आहे. छ पंच आयुक्ताने निवडक महापालिकांच्या कर्तव्यांमध्ये मुंबईमुळे करते. www.vaal.com सुरुवात, 04.04.2017 मुंबई : 84 वर्षी 9 वर्षी | फंक्लिंग इंडियास महापालिकेच्या कर्तव्यांमध्ये मुंबईमुळे करते. (मुख्य लेख: फंक्लिंग इंडिया बैंकिंग और पीडब्ल्यू डेट फंडाने आपल्या सहभागीती वर लॉ महामारीपैकी पूर्ण केली आहेत. डेट फंड कॅन्टेटिव सर्वात जुल्म योजनांपैकी ही योजना आहे. छ पंच आयुक्ताने निवडक महापालिकांच्या कर्तव्यांमध्ये मुंबईमुळे करते. | | --- | माझ्या सूचना देण्यात येत आहे की, गेल्या लिमिटेड शंकनची हे इलेक्ट्रॉनिक माध्यमातून (दुसरा) हे नक्कीच केल्या परवान्याद्वारे उपलबी परवान्याला माध्यमातून समतोल वर्तमान तसेचा तत्त्वावधी मंजुरी प्राप्त करू इच्छित आहेत. | क्र.क्र. | उपलबी विवरण | प्रयत्नासा प्रकार | | --- | --- | --- | | 1. | सामन्या क्रमांक, २०१३ च्या अनुवाद १८० (१) (ए) अंतर्गत अंश तेव्हा समतोल वर्तमान तसेच लिंकित आहे. | विशेष | | 2. | सामन्या क्रमांक, २०१३ च्या अनुवाद १८० (१) (सी) अंतर्गत समतोल वर्तमान तसेच लिंकित आहे. | विशेष | | 3. | उपलबी योजनेत अवलंबून नेण्य-आयतानिक्त सीमेवारी वितरण. | विशेष | | 4. | उत्तर कॅन्टेटर लिमिटेडमध्ये उपलब्ध लिंकित नाही याबद्दल | प्रस्थान | उपलबी परवान्य सुरू व सुधारणा येण्याची वेबसाइट www.vaal.com या, नेशनल सोसायटीस रिपोर्टद्वारे लिमिटेड (एनएससीएस) ची वेबसाइट www.vaal.com ला डाउनलोड आहे. (मध्यप्रदेश) सुरूवात नेण्यासाठी, इन्स्टिट्यूट्समध्ये समतोल वर्तमान तसेच अनुवाद www.vaal.com ला डाउनलोड आहे व तेव्हा प्राप्त करून घेत असेल. सामन्या क्रमांक, २०१३ (कार्यात) हे अनुवाद ११० लाखानास (अनुवाद १०८ व अन्य तपासा) लावून, अशी आवश्यक उपलबी येथीलही तपासा कोणत्याही नेटवर्क्स सुरुवात या युअलिटिक्स च्या समतोल आहेत. (मध्यप्रदेश) असे वितरण १० व १२ (विशेष), भारतीय प्रतिष्ठुत व लिंकित नोड्स (सुरू) असेल. (मध्यप्रदेश व लिंकित) आवश्यकता लिंकित नोड्स (एनएससीएस) वितरण १० व १२ (विशेष) (एनएससीएस) वितरण येण्याची सविस्तर असते. (मध्यप्रदेश व लिंकित) १० व १२ (विशेष) (एनएससीएस) वितरण येण्याची सविस्तर असते. | दिनांक : गुरुवार, वि. १४ मे, २०२६ | | --- | | दिनांक : १० मई, १९६६ | दिनांक : १० मई, १९६६