NELCASTBSENELCAST LIMITEDLowNeutral
Announced Mon, 27 Jul · 17:50 IST

Nelcast 44th AGM outcome: dividend, director re-appointments approved

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Nelcast held its 44th AGM on 27 July 2026 via video conferencing. Members voted on 6 resolutions covering: adoption of FY26 audited financial statements, declaration of dividend for FY 2025-26, noting Mr. D. Sesha Reddy will not seek re-appointment, re-appointing Mr. A. Balasubramanian, re-appointing Mr. R. Sridharan as Non-Executive Independent Director for a second 5-year term, and ratifying Cost Auditors remuneration for FY27. Auditor reports had no qualifications. Combined voting results to be filed separately with the exchanges.

Likely market impact

Routine AGM business completed. Dividend for FY25-26 cleared subject to final voting results. One director exit and two re-appointments confirmed.