NELCO Limited — Important, 24-04-2025: Updates

Nelco Network Products Limited (NNPL), a wholly-owned subsidiary, has confirmed the re-appointment of S.R. Batliboi & Associates LLP as Statutory Auditors for a five-year term following the 9th Annual General Meeting, pending shareholder approval. The firm has established a reputation since 1965 and provides extensive audit and assurance services.

Additionally, NNPL has reappointed Aneja and Associates as Internal Auditors for the financial year 2025-26. Aneja Group is recognized for its governance, risk, and compliance consulting, serving over 200 multinational and Indian companies across various sectors. Their experienced team specializes in internal controls and business advisory services but does not provide statutory audit or tax consulting services.

These appointments could enhance the company's compliance and governance frameworks, contributing to a stronger operational foundation moving forward. Investors should monitor how these changes may improve NNPL's oversight and financial robustness.