Nelco, also known as National Radio & Electronics Company, is a privately owned company and a subsidiary of Tata Group, headquartered in India. Founded in 1940, the company employs approximately 420 individuals and primarily focuses on enterprise connectivity services. Initially a consumer electronics manufacturer, Nelco specializes in satellite communication and enterprise networking solutions, providing VSAT connectivity, maritime and aero communication services, and turnkey networking projects for enterprise and government clients.
Nelco published a newspaper advertisement on August 27, 2026, in Business Standard and Sakal, announcing the extension of the special window for re-lodgement of transfer requests for physical shares. Previously, on August 27, rating agency CRISIL placed Nelco's bank facilities, amounting to ₹218 crore, on 'Rating Watch with Developing Implications'. This decision followed Nelco's August 17 announcement of a $20 million investment in Lunar Holdco through the subscription of compulsorily convertible debentures, which was funded by approximately ₹191 crore in new debt. CRISIL stated it is evaluating the potential impact of this strategic transaction on Nelco's business and financial risk profiles.
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