Filter announcements
Loading...
Elecon Engineering Company Ltd., incorporated in 1960. Company manufactures and sells power transmission and material handling equipment in India and internationally. In addition, it engages in the steel and non-ferrous foundry business.
Elecon Engineering's step-down subsidiary, Grupo Radicon SA de CV (Mexico), has now secured its formal Certificate of Incorporation. This completes the setup process for the new entity.
The company submitted its BRSR for FY26, detailing strong ESG progress. Turnover reached **₹2,016.04 Cr**, Net Worth **₹2,048.84 Cr**. Renewable energy, water conservation, and sustainable sourcing from MSMEs (73.55%) showed significant strides. Planned 8.3 MW more green energy is delayed to FY27. No major fines reported.
Elecon Engineering is transferring equity shares to the Investor Education and Protection Fund (IEPF) for shareholders who haven't claimed dividends for seven consecutive years. Affected investors can reclaim these shares and unpaid dividends from the IEPF.
Elecon Engineering declared an interim dividend of Re. 0.50 per share for FY25-26, with October 16 as the record date. Dividend income is taxable, and tax will be deducted at source. Shareholders are advised to update PAN and submit required documents for appropriate tax treatment.
Elecon Engineering has clarified a fine imposed for non-compliance related to filing Integrated Financial Results on the NSE portal. The company submitted the filings on the BSE portal, expecting automatic reflection on NSE, based on past experience. Upon NSE’s notice, Elecon promptly rectified the issue and filed on NSE’s system....