NESCONSENesco Limited· MiscellaneousMediumPositive
Announced Mon, 25 May · 20:11 IST

Nesco Limited has informed the Exchange that Record date for the purpose of Dividend is 20-Jul-2026.

Corporate Actions View source PDF

NESCO · price

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▲ 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
-3.9%1-day move
₹1267.00
prior close
₹1272.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.5-0.9-0.8-0.9-3.9-7.6-9.3-6.9-8.5-12.3-11.9-13.7-20.3
Up moveDown movePending
AI summary

Nesco Limited's Board approved audited standalone and consolidated financial results for FY2026. Total income rose to ₹1,031.58 crore (up ~22% YoY from ₹845.67 crore), with profit after tax of ₹412.80 crore (up ~10% YoY from ₹375.22 crore). The Board recommended a final dividend of ₹7 per equity share (face value ₹2), increased from ₹6.50 per share in the previous year, amounting to ₹49.32 crore, subject to shareholder approval at the 67th AGM on 27 July 2026. Monday, 20 July 2026 is the record date for dividend entitlement. The Board also appointed Mr. Rajesh G. Upadhyay as Additional & Whole-time Director (Executive Director - Commercial & Operations) for 3 years from 1 June 2026, and re-appointed Deloitte Touche Tohmatsu India LLP as Internal Auditors and Y.S. Thakar & Co. as Cost Auditors for FY2026-27.

Likely market impact

The dividend increase from ₹6.50 to ₹7 per share signals confidence in the company's financial health. With EPS at ₹58.59 for FY2026, the stock offers a healthy dividend yield, and shareholders should expect payment by 12 August 2026 if approved at the AGM.