31st Annual General Meeting of SWELECT Energy Systems Limited to be held on 31st July, 2026
SWELECTES · price
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Swelect Energy Systems held its Board meeting on May 21, 2026 approving FY2026 financial results and recommending a final dividend of Rs. 3.50 per share. For FY2026, standalone revenue declined to Rs. 37,613 Lakhs from Rs. 41,154 Lakhs in FY2025, while standalone net profit fell to Rs. 1,879 Lakhs from Rs. 2,784 Lakhs. The statutory auditors Deloitte Haskins & Sells LLP issued an unmodified opinion on the audited results. The company appointed M/s S K Ram Associates as internal auditor and M/s Ravichandran Bhagyalakshmi & Associates as cost auditor for FY2027. The 31st AGM will be held on July 31, 2026 via video conferencing, with record date July 24, 2026 for dividend entitlement.
The decline in revenue and profit for FY2026 may put negative pressure on the stock. However, the dividend recommendation and clean audit opinion provide some stability. Shareholders should note the August 13, 2026 dividend payment date.