Nelco Limited announced that Mr. Ramesh Kapoor and Mr. K. Raghuraman have been appointed on the Board of Directors of the company with effect from September 20, 2013. Mr. Ramesh Kapoor is currently on the board and audit committee of Tata Autocomp Sysytems Ltd., Automotive Stamping & Assemblies Ltd. and Thomas Cook India Ltd. and on the board of Digvi Warmer Pvt. Ltd. Mr. K. Raghuraman has 40 years of experience in Banking, Finance, Treasury, Projects Appraisals, Policy Initiatives etc.

He retired in September 2008 from the services of Punjab National Bank as its executive director.