
Board Meeting26 May 2026, 05:43 pm
ITCONS E-Solutions: Adit Mittal Appointed Executive Director
AI Summary
ITCONS E-Solutions Ltd's board approved the audited standalone financial results for the half year and year ended March 31, 2026, recommending a final dividend of ₹0.15 per share. Adit Mittal was appointed Executive Director for 5 years, and Nikky Gupta was re-appointed as an Independent Director for a second term. Gaurav Mittal's perquisites were revised. Aditi Gupta & Associates were re-appointed as Internal Auditor, and Preeti Jain & Co. as Secretarial Auditor. The board also approved increasing limits for loans, guarantees, and investments up to ₹1,000 Cr and increased borrowing limits to ₹1,000 Cr, subject to shareholder approval.
Key Highlights
- Final dividend of ₹0.15 per share recommended for FY26, subject to shareholder approval.
- Adit Mittal appointed Executive Director for 5 years, effective May 26, 2026.
- Nikky Gupta re-appointed as Independent Director for a second term of 5 years.
- Borrowing limits increased to ₹1,000 Cr, subject to shareholder approval.
- Limits for loans, guarantees, and investments increased to ₹1,000 Cr.
Price Impact
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