Nesco Limited Confirms Non-Classification as Large Corporate Entity for Debt Issuance
Nesco Limited has issued a clarification regarding its status concerning the issuance of debt securities. The company stated that it does not fall under the definition of a Large Corporate (LC) as provided in the SEBI Circular dated November 26, 2018.The status update also addressed the matter of credit ratings, noting that no credit ratings have been issued for Nesco Limited. This clarification pertains to the framework established for fund raising by the issuance of Debt Securities by Large Entities.
NESCO Stock Price Movement
On Friday, Nesco Limited shares slipped by 4.02% to settle at ₹1173.6. The stock saw notable trading activity, closing with a volume of 47,255 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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