Dividend25 May 2026, 09:11 pm
NESCO Recommends Final Dividend of ₹7 Per Share for FY26
AI Summary
NESCO Ltd's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, and recommended a final dividend of ₹7 per equity share (face value of ₹2 each) for FY26, subject to shareholder approval. The 67th Annual General Meeting will be held on July 27, 2026, via video conference. The record date for the dividend is set as July 20, 2026, with payment on or before August 12, 2026. Additionally, Mr. Rajesh G. Upadhyay was appointed as an Additional Director & Whole Time Director, effective June 1, 2026. The board also approved the re-appointment of Internal and Cost Auditors for FY 2026-27 and reconstituted the Board and its Committees.
Key Highlights
- NESCO recommends a final dividend of ₹7 per share for FY26, up from ₹6.50 in the previous year.
- The 67th AGM is scheduled for July 27, 2026, via video conference.
- Record date for dividend entitlement is fixed as July 20, 2026.
- Rajesh G. Upadhyay appointed as Additional Director & Whole Time Director, effective June 1, 2026.
- Deloitte Touche Tohmatsu India LLP re-appointed as Internal Auditors for FY 2026-27.
Price Impact
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