NELCO Limited — Important, 21-10-2024: Disruption of Operations

NELCO Limited reported that the Intelsat IS33E satellite, crucial for customer services, suffered a power outage on October 19, 2024, and will not be recovered. The company is executing backup plans to migrate affected customers to alternative satellite capacity and anticipates no material financial impact from this disruption. Steps include reconfiguring the Teleport/Hub and realigning antennas to new satellites.