ELECONNSEElecon Engineering Company Limited· EngineeringMediumPositive
Announced Wed, 20 May · 18:34 IST

Elecon Engineering Company Limited has informed the Exchange that Record date for the purpose of Dividend is 12-Jun-2026.

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ELECON · price

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Price reaction · full curve 14 horizons · vs prior close
+10.1%1-day move
₹485.00
prior close
₹490.00
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+0.8+1.1+2.4+3.1+10.1+12.2+8.6+9.5+6.0+5.2+10.1+12.7-7.6
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AI summary

Elecon Engineering has announced its 66th Annual General Meeting scheduled for June 25, 2026 through video conferencing. The company has fixed June 12, 2026 as the record date for determining shareholders eligible for the final dividend. If approved by shareholders at the AGM, the dividend will be Rs. 1.50 per equity share, representing a 150% payout on shares with face value of Re. 1 each for the financial year ended March 2026. The book closure period runs from June 13 to June 25, 2026, and the cut-off date for e-voting eligibility is June 18, 2026.

Likely market impact

The proposed dividend of Rs. 1.50 per share signals the company's continued commitment to shareholder returns. Shareholders must be on the register by June 12, 2026 to be eligible for this dividend payout.