Announced Wed, 24 Jun · 19:17 IST
Nelco 83rd AGM: All 5 resolutions passed, dividend declared
Board & Shareholder Meetings View source PDF
NELCO · price
▲ 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
+2.6%1-day move
₹868.00
prior close
₹870.00
base price
After-mkt
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5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.8+0.5-0.2-0.4+2.6+7.3+7.9+7.0+7.0+5.5-0.6+7.3——
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AI summary
Nelco held its 83rd AGM on 24 June 2026 via video conferencing. All 5 resolutions passed with over 99.99 percent approval. These include adoption of audited and consolidated financial statements for FY26, declaration of dividend, re-appointment of Mr. A.S. Lakshminarayanan as director, and ratification of cost auditor remuneration. Out of 72,523 shareholders, 62 attended through VC. Scrutinizer Parikh and Associates confirmed the voting results.
Likely market impact
Routine procedural filing. Dividend for FY26 confirmed. All resolutions cleared with overwhelming majority, no governance red flags.