Announced Thu, 25 Jun · 18:26 IST

66th AGM: Dividend, Director Reappointments, FY26 Results Adopted

Board & Shareholder Meetings View source PDF

ELECON · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.5%1-day move
₹525.55
prior close
₹522.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.0-0.2-0.3+1.5+4.2+2.7-0.5+1.0-5.0-13.5
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AI summary

Elecon Engineering held its 66th AGM on 25 June 2026 via video conferencing. Eight resolutions were passed covering FY26 financials, Rs.1.50 final dividend, CMD Prayasvin Patel's 3-year reappointment, and new Director appointments. Consolidated revenue grew 6.2% to Rs.2,366 cr with PAT of Rs.341 cr. Order book jumped 36% YoY to Rs.1,292 cr. MHE division revenue surged 43.6%. Total FY26 dividend is Rs.2/share.

Likely market impact

Positive: dividend declared, order book up 36%, MHE strong. Director continuity maintained. Minor Gear division headwinds flagged.