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Incorporated in 1973, International Conveyors Limited (ICL) is engaged in the manufacturing and marketing of solid woven PVC covered conveyor belts. These belts are fire retardant, antistatic and are mainly used in underground mines for transportation of minerals such as Coal & Potash
International Conveyors proposes a Rs. 0.50/share dividend for FY26. Shareholders will now have tax deducted at source on this dividend income. Ensure your PAN and KYC details are updated for accurate tax processing and to avoid withholding.
International Conveyors Limited's Board approved two promoters' request to reclassify as 'Public' shareholders, citing their non-involvement in company affairs. This change is not expected to impact operations, management, or shareholders, subject to shareholder approval.
International Conveyors' Board considered requests from two promoters, Pushpa Bagla (0.05% stake) and Smiti Somany (1.24% stake), to reclassify as public shareholders. They cite no involvement in company operations, potentially boosting the public float.
International Conveyors (INTLCONV) received in-principal approval from NSE to list up to 33.75 lakh new equity shares from its ESOP 2020. This move will expand the company's equity base, impacting future per-share metrics.
International Conveyors launched a 'Saksham Niveshak' campaign to help shareholders update KYC details and claim unpaid dividends. This initiative aims to enhance investor relations and prevent the transfer of unclaimed funds and shares to the IEPF.