Announced Fri, 26 Jun · 18:31 IST

All 8 resolutions passed at Elecon Engineering 66th AGM; Rs 1.50 dividend declared

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
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₹522.20
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AI summary

Elecon Engineering held its 66th AGM on 25 June 2026 via video conferencing. All 8 resolutions were approved with requisite majority. Key items: final dividend of Rs 1.50 per share (150%) approved with 100 percent support, audited financials adopted 100 percent, CMD Prayasvin Patel reappointed (91.49 percent in favor), Aayush Shah appointed Executive Director (90.55 percent), Dr Savan Godiawala as Independent Director (95.06 percent). Voting turnout was 71.38 percent of shares outstanding.

Likely market impact

Routine AGM business concluded. Rs 1.50 final dividend confirmed for eligible shareholders. Director appointments and auditor reappointment approved.