Key Update
Nesco Limited has submitted an application to National Highways Logistics Management Limited (NHLML) on 10 June 2026 for surrendering 1 (one) site on the Bengaluru-Chennai Expressway. This action is in continuation of the company's earlier communication dated 3 November 2025.
Reasons for Surrender
The site surrender decision was driven by multiple adverse factors including infrastructure deficiencies, regulatory issues, land-related problems, and challenging site conditions. These factors resulted in project delays and reduced commercial feasibility of the site.
Financial Impact
The financial impact of this site surrender cannot be presently estimated. The final impact is dependent on actions and decisions of the concerned authority, if any.
Ongoing Operations
The company continues to carry on development activities on 4 sites located on the Hyderabad Visakhapatnam Expressway in the Khammam - Devarapalle section.