NELCO Limited Fixes June 9, 2026, as Record Date for Potential Dividend Payment
NELCO Limited announced the record date for the potential dividend payment for the financial year ended March 31, 2026. The company fixed Tuesday, June 9, 2026, as the date for determining the entitlement of members to receive the dividend.The Board of Directors of Nelco Limited, in its meeting on Monday, April 20, 2026, had recommended a dividend of ₹ 1 per equity share of ₹ 1 0 each. This dividend is contingent upon declaration by the Members of the Company at the upcoming 83rd Annual General Meeting (AGM).
The proposed dividend payment structure, if declared at the AGM, is detailed below.
Dividend Recommendation Summary:
| Parameter | Detail |
|---|---|
| Company | NELCO Limited |
| Board Meeting Date | April 20, 2026 |
| Recommended Dividend | ₹ 1 per equity share |
| Face Value of Share | ₹ 1 0 |
| Percentage (%) | 10% |
| Record Date | Tuesday, June 09, 2026 |
| Financial Year | Ended March 31, 2026 |
The dividend, if declared, will be paid within the stipulated time and is subject to the deduction of income tax at source (TDS), as applicable.
The payment methodology depends on whether the shares are held in electronic or physical form:
1. Electronic Shares: The dividend will be paid to all Beneficial Owners in respect of shares held in electronic form, utilizing data available from depositories at the close of business hours on June 9, 2026.
2. Physical Shares: Payments will be made to all Members holding shares in physical form whose names are registered in the Company's Register of Members as of the close of business hours on June 9, 2026.
NELCO Stock Price Movement
Shares of NELCO Limited today slipped by 2.81% to settle at ₹708.5. Trading for the day saw the stock hit a low of ₹701 on total volume of 85,814 shares.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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