Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, NELCO has informed that the Board of Directors has at its Meeting held today, based on the recommendations of the Nomination, HR and Remuneration Committee and subject to approval of the Shareholders, approved the following: 1) Appointment of Vijay Somaiya (DIN 03185227) as an Additional Director and Non-Executive Independent Director of the Company for a term of 5 years with effect from 27th January 2025. Further, the Board has appointed Somaiya as Chairperson and Member of the Audit Committee and Member of the Nomination, HR & Remuneration Committee, effective from January 28, 2025. 2) Re-appointment of Dr. Lakshmi Nadkarni (DIN 07076164) and Ajay Kumar Pandey (DIN 00065622) as Non-Executive Independent Director of the Company for a 2nd term of 5 years with effect from 28th January 2025. 3) Completion of tenure of K.N.Murthy, (DIN 00023046) as an Independent Director. The company has further informed that the term of office of K.N.Murthy, (DIN 00023046) as an Independent Director of the Company will end on 27th January 2025. Accordingly, he will cease to be an Independent Director with effect from 28th January 2025. The Company places on record its appreciation for the significant contributions made by Murthy during his tenure with the Company. The details as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, as amended, are given in Annexure A to this letter. The meeting of the Board of Directors held today commenced at 12.30 pm and concluded at 2.45 pm. The aforesaid documents are also placed on the website of the Company at www.nelco.in.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Netweb Technologies | 2437.45 |
| DC Infotech and Comm | 342.25 |
| Control Print | 722.25 |
| Ducon Infra. | 7.02 |
| NELCO | 1167.05 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
