International Conveyors Limited Approves Quarterly Results and Details Governance Changes

International Conveyors Limited Approves Quarterly Results and Details Governance Changes​

International Conveyors Limited announced the outcomes of its Board meeting held on August 14, 2026, revealing the unaudited financial results for the quarter ending June 30, 2026, along with several key corporate governance decisions.

The company confirmed that the Board approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026. The results were reviewed by independent auditors. Furthermore, the management addressed a request regarding the classification of promoters.

Governance Appointments and Reclassification​

A significant announcement related to board composition involved the re-appointment of Shri Sunit Mehra (DIN: 00359482). He was approved for a second term as a Non-Executive Independent Director, set to commence on September 25, 2026. Shri Mehra, who specializes in Corporate Governance and is currently the Chairman of United Way of India, has extensive experience including serving as Vice Chairman of the American Chamber of Commerce, Mumbai.

In corporate governance updates, the Board approved a request from Ms. Pushpa Bagla and Ms. Smiti Somany—promoters of the company—for reclassification. The requested change was to move from the 'Promoter and Promoter Group' category to the 'Public' category, subject to compliance requirements.

53rd Annual General Meeting Details​

The company confirmed that its 53rd Annual General Meeting (AGM) will be held on Thursday, September 24, 2026, at 2:00 P.M. The meeting will take place at the Registered Office in Falta SEZ, Sector-II, near Pump House No. 3, Village and Mouza-Akalmegh, Dist. 24 Parganas (S), West Bengal.

Key timelines for shareholders were established:

• The Register of Members & Share Transfer Books will remain closed from Friday, September 18, 2026, through Thursday, September 24, 2026.
• The cut-off date to record the entitlement of shareholders eligible to vote via remote e-voting has been set as Wednesday, September 17, 2026.

Dividend distribution on equity shares, if declared by the Board in its May 20, 2026 meeting, is scheduled for payment on or after Tuesday, September 29, 2026, to shareholders listed on the company's Register of Members as of the specified cut-off dates.

Q3 Financial Performance Highlights​

The unaudited financial results presented in the board meeting included both standalone and consolidated statements. The company's segmental performance data for the quarter ending June 30, 2026, showed results across various segments, including Conveyor Belts, Wind Energy, Trading Goods, and Investment.

Key figures from the Standalone Unaudited Statement (for Q ended June 30, 2026) include:


The consolidated results for the same quarter show:

INTLCONV Stock Price Movement​

Shares of International Conveyors Limited are edging higher to ₹74.41 as of 3:15 PM today, rallying strongly on a gain of 1.85%. The stock traded a total volume of 130,849 shares during the session.