Nelcast Limited has informed the Exchange that Board of Directors at its meeting held on May 18, 2026, recommended Final Dividend of Rs. 0.70 per equity share.
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Nelcast Limited's Board of Directors, in its meeting held on May 18, 2026, recommended a final dividend of Rs. 0.70 per equity share (35% on face value of Rs. 2) for the financial year 2025-26. The dividend is subject to approval by shareholders at the 44th AGM scheduled for July 27, 2026. If approved, the dividend will be paid within 30 days from the date of declaration at the AGM. The record date for determining eligibility is July 20, 2026, and the share transfer books will remain closed from July 21 to July 27, 2026.
The dividend is modest and in line with routine practice, with no significant impact expected on the stock given the small per-share payout. Shareholders should ensure they hold shares by July 20, 2026 to qualify.