Dividend25 May 2026, 10:41 pm
NESCO Recommends ₹7 Dividend, Record Date Set for July 20
AI Summary
NESCO Ltd's board approved a final dividend of ₹7 per share for FY26, subject to shareholder approval at the 67th AGM on July 27, 2026. The record date for dividend entitlement is set for July 20, 2026, with payment on or before August 12, 2026. The board also approved the appointment of Mr. Rajesh G. Upadhyay as Executive Director (Commercial & Operations) and re-appointed internal and cost auditors. Additionally, the board approved the reconstitution of the Board and its Committees.
Key Highlights
- NESCO recommends a final dividend of ₹7 per share for FY26.
- Record date for dividend eligibility is fixed as July 20, 2026.
- 67th AGM scheduled for July 27, 2026, via video conference.
- Rajesh G. Upadhyay appointed as Executive Director, effective June 1, 2026.
- Internal and Cost Auditors re-appointed for FY 2026-27.
Price Impact
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