Nesco Limited — Board Meeting, 01-07-2025: Outcome of Board Meeting

Nesco Limited has announced a board meeting on which it approved a capex of up to Rs 3,500 Cr for developing Tower 2 in its IT Park at Goregaon, Mumbai. This investment will be spread over six years and primarily funded through internal accruals, pending necessary approvals. The project follows the recent receipt of a key local authority clearance, setting the stage for significant expansion of Nesco’s commercial property footprint.