Nelco Limited
Quadrature Capital Vector Sp initiated a new position in Nelco Limited with 2,70,724 shares, representing a 1.19% stake worth approximately ₹24.40 Cr.
A provider of domestic satellite communication services in India, Nelco Limited operates closed user group networks that deliver reliable connectivity solutions across various sectors and regions. Incorporated in 1940, the company specializes in satellite-based communications infrastructure, serving government, defense, and enterprise clients with dedicated network solutions. Nelco's distinctive strength lies in its established expertise in secure, dedicated satellite networks for mission-critical applications and long-term operational requirements.
India equity vehicle of Quadrature Capital, a London-based quantitative hedge fund.