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NESCO Ltd

NSE: NESCO BSE: 505355

₹1123.60

(-2.35%)

Wed, 11 Mar 2026, 06:12 am

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Company History

1939

  • New Standard Engineering Co. Ltd. was established.
  • New Standard Engineering Co. Ltd. was promoted by Mr. J. V. Patel.

1946

  • Burjorji Pestonji & Sons Pvt. Ltd. was incorporated.

1959

  • The company's name was changed to New Standard Engineering Company Ltd.

1984

  • The company started making losses due to depression in its main product line.

1991

  • The company received an award for its outstanding performance in exports of textile preparatory and spinning machinery.

2002

  • The face value of Nesco shares changed from Rs. 100 to Rs. 10.

2004

  • Nesco merged Indabrator with the company.

2005

  • Nesco recommended a 12% dividend for the year.

2006

  • Nesco recommended a dividend of 12%.
  • Nesco recommended issue of Bonus Shares in the ratio 1:1.
  • Nesco gave a bonus in the ratio of 1:1.

2007

  • Nesco recommended a dividend of 12%.

2008

  • Nesco recommended a dividend of 12%.

2009

  • Nesco declared a dividend at Rs 1.20 per share.

2010

  • Nesco recommended a dividend of 15%.
  • Nesco recommended issue of Bonus Shares in the ratio of 1:1.

2011

  • Nesco declared a 25% dividend.

2012

  • Nesco appointed Mr. Dipesh R. Singhania as Chief Financial Officer and Compliance Officer.
  • Nesco recommended a dividend of 30%.

2013

  • Nesco recommended a dividend of 35%.

2014

  • Nesco recommended a dividend of 50%.

2015

  • The company approved the Scheme of Amalgamation for amalgamation of Nesco Hospitality Private Limited with the company.

2017

  • The company split its face value from Rs. 10 to Rs. 2.

2019

  • Indian Green Building Council awarded Platinum ranking to Tower 04, Nesco IT Park under LEED India Core and Shell rating system.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800