E & E Enterprises fixes record date for FY26 dividend

2 min read Updated on 23 Jul 2026, 02:25 PM

Reviewed by

Suketu GScanX News Team

AI Summary

E & E Enterprises recommended a final dividend of ₹1 per share for FY26 and fixed August 11, 2026, as the record date for the AGM. The company reported a net profit of ₹17.33 Lakhs for the year, up from ₹11.81 Lakhs previously. The 85th AGM is scheduled for August 18, 2026, where shareholders will vote on auditor re-appointment and borrowing limits.

*this image is generated using AI for illustrative purposes only.

E & E Enterprises has recommended a final dividend of ₹1 per equity share for the financial year ended March 31, 2026. The Board of Directors fixed Tuesday, August 11, 2026, as the record date to determine shareholder eligibility for the dividend payout, subject to approval at the Annual General Meeting (AGM). The company reported a net profit of ₹17.33 Lakhs for the fiscal year, compared to ₹11.81 Lakhs in the previous year, while total income stood at ₹54.49 Lakhs.

The 85th AGM is scheduled to be held on Tuesday, August 18, 2026, at 11:00 a.m. IST at the company's registered office in Mumbai. In compliance with SEBI regulations, the company informed that the Annual Report for FY 2025-26 is available on its website. Members can access the report via the navigation path Home > Investors > Yearly Reports. The record date also serves as the cut-off for ascertaining members entitled to cast their votes electronically at the AGM.

Financial Performance

The financial statements for the year ended March 31, 2026, were prepared in accordance with Indian Accounting Standards (Ind AS). The profit before tax for the year was ₹24.07 Lakhs. The company’s net worth as of March 31, 2026, stood at ₹64,318.31 Lakhs, representing a marginal increase from the previous year.

Financial Metric (₹ in Lakhs)	FY 2025-26	FY 2024-25
Total Income	54.49	94.62
Total Expenses	30.42	65.88
Profit Before Tax	24.07	28.74
Net Profit	17.33	11.81

Business Operations

During the year under review, the company voluntarily surrendered its Certificate of Registration as a Non-Banking Financial Company (NBFC) to the Reserve Bank of India (RBI). Consequently, the RBI cancelled the registration effective July 24, 2025. Following this, the company amended its Memorandum of Association to shift its principal business objectives towards real estate, investing in non-financial assets, and trading activities.

Board Proposals

The Board has proposed the re-appointment of M/s. K. K. Birla & Co., Chartered Accountants, as statutory auditors for a term of five years. Additionally, the Board recommended the re-appointment of Mr. Snehal Parikh as a Non-Executive Independent Director for a second term of five years effective from December 30, 2026. Shareholders will also vote on a special resolution to seek authority for loans and investments under Section 186 of the Companies Act, 2013, up to an aggregate limit of ₹700 Crores.

Historical Stock Returns for E & E Enterprises

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	0.0%	+54.91%	+128.50%	+382.02%

How will the transition from an NBFC to real estate and trading activities impact the company's revenue streams in the next fiscal year?

What is the strategic rationale behind seeking shareholder approval for loans and investments up to ₹700 Crores given the current income levels?

Will the shift in business objectives lead to significant changes in capital allocation or dividend policy in the coming years?

Read Next Article

E & E Enterprises re-appoints director and auditor for 5 years

1 min read Updated on 10 Jul 2026, 04:58 PM

Reviewed by

Ashish TScanX News Team

Add as a preferred
source on Google

AI Summary

E & E Enterprises Limited has approved the re-appointment of Mr. Snehal Parikh as a Non-Executive Independent Director for a second term of five years effective December 30, 2026. The Board also approved the re-appointment of M/s. K. K. Birla & Co. as Statutory Auditors for a period of five years, subject to shareholder approval.

*this image is generated using AI for illustrative purposes only.

E & E Enterprises Limited has approved the re-appointment of Mr. Snehal Parikh as a Non-Executive Independent Director for a second term of five years effective December 30, 2026. The Board also sanctioned the re-appointment of M/s. K. K. Birla & Co. as Statutory Auditors for a term of five years. Both decisions are subject to the approval of the company's members.

The Board, meeting on July 10, 2026, acted on the recommendations of the Nomination and Remuneration Committee and the Audit Committee respectively. The re-appointment of the auditor is effective from the conclusion of the 85th Annual General Meeting until the conclusion of the 90th Annual General Meeting.

Mr. Snehal Parikh holds a Master of Business Administration (Finance) degree and possesses over 49 years of experience in business management, specializing in international freight and logistics management. The Board determined that his continued expertise would benefit the company.

M/s. K. K. Birla & Co., a Mumbai-based Chartered Accountancy firm with registration number 146343W, provides services including statutory audits, taxation, and financial consulting. The firm was recommended by the Audit Committee for its continued role as Statutory Auditors.