Nesco Ltd — AGM Information 2025

Jul 30, 2025

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NESCO LIMITED T +91 22 6645 0123 Nesco Center F +91 22 6645 0101 Western Express Highway E contact@nesco.in Goregaon (East) W www.nesco.in Mumbai 400 063

30 July 2025

BSE Limited National Stock Exchange of India Limited Department of Corporate Services 5th Floor, Exchange Plaza, 25th Floor, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex Dalal Street, Bandra (East), Mumbai - 400001 Mumbai - 400051 Ref: 505355 Ref: NESCO

Subject: Proceedings of 66th Annual General Meeting (‘AGM’)

Dear Sir/Madam,

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith proceedings of the 66th AGM of the Company held on Wednesday, 30 July 2025 at 3:30 pm through Video Conference (‘VC’)/Other Audio-Visual Means (‘OAVM’).

For Nesco Limited

Shalini Digitally signed by Shalini Dinesh Dinesh Kamath Date: 2025.07.30 Kamath 19:50:42 +05'30' Shalini Kamath Company Secretary & Compliance Officer M No. A14933

CIN L68100MH1946PLC004886

NESCO LIMITED T +91 22 6645 0123 Nesco Center F +91 22 6645 0101 Western Express Highway E contact@nesco.in Goregaon (East) W www.nesco.in Mumbai 400 063

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Summary of proceedings of 66th Annual General Meeting of Nesco Limited

The 66th Annual General Meeting(‘AGM’) of the Members of Nesco Limited was held on Wednesday, 30 July 2025 at 3.30 p.m. (IST) through Video Conferencing (‘VC’)/Other Audio-Visual Means (‘OAVM’).

Mr. Krishna S. Patel, Chairman & Managing Director of the Company, chaired the proceedings of the AGM. On confirming that the requisite quorum was present through VC, he called the meeting to order and welcomed all the members, directors and other participants to the AGM.

The number of shareholders present at the meeting through VC:

Promoter and Promoter Group	Public	Total
7	57	64

The Chairman introduced the Directors, CFO, Company Secretary, the representative of the statutory auditors and secretarial auditor present at the AGM. All the Directors of the Company attended the meeting. He further informed the members that the Chairperson of the Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee, were present at the AGM to address the queries of the shareholders, if any.

On request of the Chairman, the Company Secretary informed that the AGM was being held through video conferencing in accordance Companies Act, 2013, MCA circulars and the Listing Regulations from time to time. She informed the members that the Company had made all efforts to enable its shareholders to participate through VC and vote at the AGM in a seamless manner. She further briefed that the Company had provided members with the facility to cast their vote electronically through the NSDL platform, on all resolutions set forth in the Notice and explained the e- voting procedure. She further informed the members that the Board of Directors had appointed Ms. Neeta H. Desai of N D & Associates, Practicing Company Secretary as the Scrutiniser to supervise the e-voting process.

The shareholders were informed that the statutory registers and other relevant documents referred to in the Notice of the AGM were available electronically for inspection.

CIN L68100MH1946PLC004886

NESCO LIMITED T +91 22 6645 0123 Nesco Center F +91 22 6645 0101 Western Express Highway E contact@nesco.in Goregaon (East) W www.nesco.in Mumbai 400 063

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The Chairman then addressed the members, inter-alia , on the highlights of performance across its business verticals, CSR activities, progress made by the Company on its ESG (Environment, Social and Governance) commitments and the future ahead.

The Company Secretary informed that the following items of Notice convening the 66th AGM and the Annual Report of the Company for the financial year ended 31 March 2025, were taken as read as the same were already circulated to the Members. The resolutions were not required to be proposed and seconded. The Reports from the Statutory auditors did not contain any qualification, observation, or comment and accordingly were not read at the AGM. She mentioned that the remarks made by the Secretarial auditor in the secretarial audit report were self-explanatory and did not require any further comments. She further briefed that post the conclusion of the e-voting, the Scrutiniser shall provide the e-voting results to the Company Secretary for disclosure to the stock exchanges and the results shall also be available on the website of the Company within the prescribed timelines.

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Sr.No. Particulars Type of
Resolution
Ordinary Business
1. Adoption of audited standalone financial Ordinary
statements.
2. Adoption of audited consolidated financial Ordinary
statements.
3. Declaration of dividend Ordinary
Special Business
4. Appoint a Director in place of Mrs. Sudha Special
S. Patel (DIN:00187055) who retires from
office by rotation, and being eligible, offers
herself for re-appointment and continuation
in office.
5. Appointment of secretarial auditor and Ordinary
approval of her remuneration.
6. Ratification of cost auditors’ remuneration Ordinary
for the financial year ending 31 March
2026.
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CIN L68100MH1946PLC004886

NESCO LIMITED T +91 22 6645 0123 Nesco Center F +91 22 6645 0101 Western Express Highway E contact@nesco.in Goregaon (East) W www.nesco.in Mumbai 400 063

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The Company Secretary thereafter requested the member speakers to address the meeting and seek clarifications on the items set forth in the Notice, the Company’s financial statements, its performance and business. Post which the Chairman responded to the queries of the members and provided the necessary clarifications.

Lastly the Chairman thanked all the members for their participation at the AGM and for their constructive suggestions and observations. He informed the members that e-Voting on the platform of NSDL would continue for another 15 minutes to enable the members to vote.

Thereafter he announced the conclusion of the meeting. The meeting started at 3:30 p.m. and concluded at 4:50 p.m.

For Nesco Limited

Digitally signed by Shalini Dinesh Shalini Dinesh Kamath Kamath Date: 2025.07.30 19:51:07 +05'30'

Shalini Kamath Company Secretary & Compliance Officer M No. A14933

CIN L68100MH1946PLC004886