Nesco Limited announced that the Board of Directors of the Company at its meeting held on May 25, 2026, based on the recommendation of the Nomination and Remuneration Committee, has approved the appointment of Mr. Rajesh G. Upadhyay as an Additional Director & Whole time Director of the Company, designated as Executive Director (Commercial & Operations) with effective June 1, 2026. The term of his appointment as a Whole Time Director shall be for a period of three (3) years that is up to 31 May 2029, subject to the approval of shareholders at upcoming Annual General Meeting of the Company. The board approved the re-constitution of Board and Committees of the Board. Board of Directors consist with effective June 1, 2026, Mr. Krishna S. Patel, Chairman & Managing Director; Ms. Sudha S. Patel, Non-Executive Non-Independent Director; Ms. Amrita V. Chowdhury, Non-Executive Independent Director; Mr. Manish I. Panchal, Non-Executive Independent Director; Dr. Ramakrishnan Ramamurthi, Non-Executive Independent Director; Mr. Arun L. Todarwal, Non-Executive Independent Director; Mr. Rajesh G. Upadhyay, Additional and Whole time Director. Board Committees reconstitution with effective June 1, 2026, Audit Committee: Mr. Arun L. Todarwal, Chairman; Ms. Amrita Chowdhury, Member; Dr. Ramakrishnan Ramamurthi, Member; Mr. Manish I. Panchal, Member; Nomination & Remuneration Committee: Ms. Amrita Chowdhury, Chairperson; Mrs. Sudha S. Patel - Member; Mr. Manish I. Panchal, Member; Corporate Social Responsibility Committee: Mrs. Sudha S. Patel, Chairperson; Mr. Arun L. Todarwal, Member; Ms. Amrita Chowdhury, Member; Dr. Ramakrishnan Ramamurthi, Member; Mr. Rajesh Upadhyay, Member; Risk Management Committee: Mr. Krishna S. Patel, Chairman; Mr. Arun L. Todarwal, Member; Dr. Ramakrishnan Ramamurthi, Member; Mr. Manish I. Panchal, Member; Mr. Dipesh R. Singhania- CFO is a Member; Stakeholders Relationship Committee: Mrs. Sudha S. Patel, Chairperson; Mr. Arun L. Todarwal, Member; Ms. Amrita Chowdhury, Member; Dr. Ramakrishnan Ramamurthi, Member; Mr. Rajesh Upadhyay, Member. Mr. Rajesh G. Upadhyay, aged 66 years, is a Bachelor of Commerce with over 45 years of extensive experience in manufacturing operations and engineering. Mr. Upadhyay joined the Company in 1982 as a cost assistant and steadily progressed through various leadership roles, culminating in his appointment as Vice President
(Operations) for Indabrator division, a position he held until his retirement in 2018. Post retirement, he continues to serve the Company in a consulting capacity. He used to spearhead the Indabrator division which operates two
manufacturing facilities at Vishnoli and Karamsad situated close to Anand, Gujarat. The division is involved in the manufacturing of shot blasting machines, spares and abrasives. During his tenure, he carried overall
responsibility for Indabrator Division encompassing production, sales, quality, finance, compliance, marketing and end-to-end business management. He has successfully led large, multicultural teams of over 300 employees and has made substantial contributions to operational excellence, process efficiency and sustained business performance. He has also played a key leadership role in the Company's CSR initiatives, with a particular focus on advancing
health, welfare and education programs in various schools located across Gujarat.