Nelco, a privately owned company based in India and part of Tata Group, was founded in 1940 and employs approximately 420 individuals. The company specializes in providing enterprise connectivity services, functioning as a Satellite Communication (SatCom or VSAT) Service Provider in India, delivering data connectivity solutions across the country primarily for the enterprise sector.
Nelco recently implemented NetSuite at the core of its operations to scale without adding unnecessary overhead, seeking automation and visibility to accelerate growth across its diverse business lines, as noted by its CFO. Previously, on March 13, 2026, Nelco Limited sent reminder letters to shareholders who have not claimed their dividends for seven or more consecutive years, publishing advertisements in Business Standard and Sakal newspapers to inform them. This followed earlier reminders issued on March 12, 2026, urging shareholders to claim their dividends by August 11, 2026. The company emphasized that unclaimed dividends, and potentially associated shares, are subject to transfer to the Investor Education and Protection Fund (IEPF) if not claimed by the specified date, as required by the Companies Act 2013.