Ecos Mobility declares ₹2.38 per share final dividend for FY26
- Ecos Mobility declared a final dividend of ₹2.38 per equity share for FY26
- Shareholders approved the re-appointment of Chairman Rajesh Loomba
- Audited standalone and consolidated financial statements for FY26 were adopted
- Special resolution passed to alter the Object Clause of the Memorandum of Association
- Statutory audit report for FY26 contained no qualifications or adverse remarks
*this image is generated using AI for illustrative purposes only.
Ecos (India) Mobility & Hospitality declared a final dividend of ₹2.38 per equity share for the financial year ended March 31, 2026. The payout was approved by shareholders during the company’s 30th Annual General Meeting held on September 21, 2026.
The meeting was conducted through Video Conference or Other Audio-Visual Means in compliance with the Companies Act, 2013 and relevant Ministry of Corporate Affairs circulars. Chairman and Managing Director Rajesh Loomba presided over the proceedings, which included the adoption of audited standalone and consolidated financial statements for FY26.
Key Resolutions Passed
Shareholders approved several ordinary and special resolutions during the meeting. The key outcomes included:
| Resolution Type | Particulars |
|---|---|
| Ordinary | Adoption of audited standalone and consolidated financial statements for FY26 |
| Ordinary | Re-appointment of Rajesh Loomba as director upon retirement by rotation |
| Ordinary | Declaration of final dividend of ₹2.38 per equity share for FY26 |
| Special | Alteration of the Object Clause in the Memorandum of Association |
The statutory audit report for FY26 contained no qualifications, observations, comments, or adverse remarks. The secretarial audit report observations and board comments were included in the annual report available to shareholders.
Meeting Proceedings
Company Secretary Shweta Bhardwaj confirmed the requisite quorum was present before inviting Mr. Loomba to chair the meeting. The Chairman welcomed attendees and introduced the directors, management committee members, and key managerial personnel present. He delivered a speech covering the company’s financial performance, recent developments, and future business prospects.
Fifty-two members attended the AGM according to attendance records. Shareholders who had not voted prior to the meeting were provided the facility to cast their votes electronically via the NSDL platform during the session. M/s DMK Associates was appointed as the scrutinizer to oversee the remote e-voting process and voting conducted during the AGM.
The voting results will be submitted to stock exchanges and made available on the company’s website and NSDL portal within two working days of the meeting’s conclusion, in accordance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Historical Stock Returns for ECOS Mobility & Hospitality
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.37% | -1.86% | -2.65% | -10.75% | -61.95% | -75.27% |
How will the alteration of the Object Clause in the Memorandum of Association impact Ecos Mobility's strategic expansion into new business verticals?
What is the expected timeline for the dividend payout, and how does this yield compare to current industry benchmarks in the mobility and hospitality sector?
Given the clean statutory audit report, what specific operational or financial metrics drove the company's performance in FY26 that management highlighted during the AGM?
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