NELCO Limited — Others, 27-02-2025: Change in Management

Mr. Farrokh Shroff, Senior General Manager - Digitalization & Quality at Nelco Limited, will be superannuated effective February 28, 2025. This transition may lead to changes in the company's operational strategy, particularly in digital initiatives, as a senior management position will be vacated. The departure could be interpreted as a potential risk for investors focusing on continuity and leadership in digital transformation efforts. However, this shift also presents opportunities for the company to bring in new talent and perspectives that could enhance future growth.