Electrosteel Castings Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 27, 2025

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Price reactionminutes from the announcement price · days from the prior close

-3.2%Reaction day

₹111.17

prior close

₹110.93

announcement price

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Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.6%-1.6% vs market

Iron & Steel Products peers, median of 91sector-1.4%-1.8% vs sector

On the reaction day the stock moved 1.6 pts less than Nifty Microcap 250 and 1.8 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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UpDownMarket · Nifty Microcap 250Sector · Iron & Steel Products peers, median of 91Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Electrosteel Castings has informed the exchange about its 70th Annual General Meeting (AGM) scheduled for Wednesday, August 27, 2025 at 11:30 a.m., to be held via video conferencing. The company has also submitted the Annual Report for FY 2024-25 along with the AGM notice. The Board has recommended a final dividend of Rs. 1.40 (140%) per equity share on a face value of Re. 1 each, pending shareholder approval at the AGM. The record date for the dividend has been fixed as Friday, August 15, 2025, and the dividend will be paid on or after August 27, 2025, subject to TDS deduction. Remote e-voting will be open from August 24 to August 26, 2025, with the cut-off date for voting eligibility set as August 20, 2025.

Likely market impact

Shareholders holding shares as of the record date (August 15, 2025) will be entitled to the Rs. 1.40 per share dividend. The stock may see mild short-term interest around the record date, but the AGM itself is largely procedural with no major corporate actions like buybacks, splits, or bonus issues announced.