StockWatch
·
Castings & Forgings
Dividend18 May 2026, 06:21 pm

Nelcast Ltd: Recommends 35% Dividend for FY26

AI Summary

Nelcast Ltd's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026. They recommended a dividend of 35%, i.e., ₹0.70 per share of ₹2 paid-up for FY26, subject to shareholder approval at the 44th AGM. The AGM will be held on July 27, 2026, via video conferencing. The Register of Members and Share Transfer Books will be closed from July 21, 2026, to July 27, 2026, for the AGM and dividend purposes. The audit report has an unmodified opinion.

Key Highlights

  • Audited financial results for the quarter and year ended March 31, 2026, approved.
  • Dividend of 35% (₹0.70 per share) recommended for FY26.
  • 44th Annual General Meeting scheduled for July 27, 2026, via VC/OAVM.
  • Register of Members and Share Transfer Books closed from July 21-27, 2026.
  • Auditor's report for FY26 has an unmodified opinion.