StockWatch
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Diversified Commercial Services
Board Meeting26 May 2026, 05:22 pm

ITCONS E-Solutions Approves FY26 Results, Recommends ₹0.15 Dividend

AI Summary

ITCONS E-Solutions Ltd's board approved the audited standalone financial results for the half year and year ended March 31, 2026. They recommended a final dividend of ₹0.15 per equity share. The board also approved changes in directors and senior management, including the change in designation of Mr. Adit Mittal to Executive Director and the re-appointment of Ms. Nikky Gupta as an Independent Director. Additionally, they approved the re-appointment of M/s. Aditi Gupta & Associates as Internal Auditor and the appointment of Ms. Preeti Jain & Co. as Secretarial Auditor. The board also approved increasing the limits for loans, guarantees, and investments to ₹1,000 Crore and increasing the borrowing limits to ₹1,000 Crore, subject to shareholder approval.

Key Highlights

  • Approved audited standalone financial results for the half year and year ended March 31, 2026.
  • Recommended a final dividend of ₹0.15 per equity share for FY26, subject to shareholder approval.
  • Approved change in designation of Mr. Adit Mittal to Executive Director.
  • Approved re-appointment of Ms. Nikky Gupta as an Independent Director for a second term.
  • Approved increasing loan, guarantee, and investment limits to ₹1,000 Crore, subject to shareholder approval.