Nelco Limited announced that its board of directors at its meeting held on October 23, 2019, the company approved the Appointment of Mr. Anand Agarwal as an Additional Director (Non-Executive Non-Independent Director) of the company with effect from October 24, 2019. Mr. Rahul Shah (Non - Executive Non-Independent Director) resigned from the Board of Directors of the Company with effect from 24th October 2019 to facilitate restructuring of the Board of Nelco Ltd. as per the decision of Parent Company, The Tata Power Company Ltd.