NESCO has received approval for scheme of amalgamation of Nesco Hospitality, a wholly owned subsidiary of the Company. Nesco Hospitality is engaged in the business of Food Kitchens, Food Courts, Food Kiosks, Mass Catering, etc. The Board of Directors of the Company at its meeting held on May 24, 2019 has approved the same.
NESCO is a tool manufacturing company. The company’s engineering products include forging hammers and presses, blowroom lines and high production cards for the textile industry, and sucker rod pumps for onshore oil recovery. The company also provides equipment to the Indian Railways, numerous Ordnance Factories, and Forging Plants.
