Nelcast Limited Board Recommends 35% Dividend Ahead of 44th AGM
Nelcast Limited announced key outcomes from its Board of Directors meeting, detailing the recommendation of a dividend for the financial year 2025-26 and outlining the schedule for its 44th Annual General Meeting (AGM).The Board of Directors recommended a dividend of 35% for the fiscal year 2025-26. This equates to Rs. 0.70 per share, based on a paid-up capital of Rs. 2/-. The dividend is subject to the approval of the company's members at the ensuing 44th Annual General Meeting. If approved by the shareholders, the dividend is expected to be paid within 30 days from the date of declaration at the AGM.
The company confirmed that the 44th Annual General Meeting of Nelcast Limited members is scheduled to take place on July 27, 2026.
In preparation for the AGM and the dividend declaration for the financial year 2025-26, the company confirmed the following dates for the Record Date and the closure of the Register of Members and Share Transfer Books.
| Event Detail | Date |
|---|---|
| Record Date | July 20, 2026 |
| Book Closure Start | July 21, 2026 |
| Book Closure End | July 27, 2026 |
| 44th Annual General Meeting | July 27, 2026 |
NELCAST Stock Price Movement
Shares of Nelcast Limited today slipped by 1.48% to settle at ₹140.59, marking a drop of ₹2.10 from its previous close. The equity saw a total traded volume of 154,061 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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