Elecon engineering company Limited has announced its board meeting schedule and trading window closure in compliance with regulatory requirements for the upcoming financial results disclosure.

Board Meeting Details

The company has scheduled a board of directors meeting for April 15, 2026, at Vallabh Vidyanagar to consider several important matters related to the financial year ended March 31, 2026.

Key Agenda Items

The board meeting will address multiple critical business matters:

• Financial Results Approval: Consideration and approval of audited financial results for both standalone and consolidated accounts
• Segment Analysis: Review of segment-wise financial results for comprehensive performance evaluation
• Dividend Recommendation: Assessment and potential recommendation of final dividend for shareholders

Trading Window Closure

In accordance with regulatory compliance, Elecon Engineering Company Limited has implemented trading restrictions to maintain market integrity during the results announcement period.

Regulatory Compliance

The announcement demonstrates the company's adherence to multiple regulatory frameworks:

• SEBI (Prohibition of Insider Trading) Regulations, 2015: Governing trading window closure and insider trading prevention
• Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015: Mandating board meeting intimation for financial results
• Company's Code of Conduct: Internal framework for regulating, monitoring and reporting trading by insiders

The communication was signed by Bharti Isarani, Company Secretary & Compliance Officer, and submitted to both BSE Limited and National Stock Exchange of India Limited on March 31, 2026, ensuring comprehensive market notification of these important corporate developments.

Elecon Engineering Company has announced the incorporation of a new step-down subsidiary in Mexico, marking its expansion into the Latin American market. The company informed stock exchanges on 26th March, 2026, about the establishment of Grupo Radicon SA de CV through its wholly owned subsidiary Elecon Singapore Pte. Ltd.

Incorporation Details

The new subsidiary was officially incorporated on 8th January, 2026, based on the tax identification number issued by the Government's Tax Agency of Mexico. The regulatory confirmation was received through a letter dated 24th March, 2026, though the company is still awaiting the formal certificate of incorporation from the Public Registry of Commerce, Mexico.

Business Operations and Structure

The newly incorporated entity will operate in the engineering industry, focusing specifically on sales, marketing, and servicing of industrial engineering products across Mexico and Latin America. This strategic move positions Elecon Engineering to tap into the growing Latin American market for industrial engineering solutions.

The shareholding structure of Grupo Radicon SA de CV reflects a typical wholly owned subsidiary arrangement:

Financial Investment

The incorporation involved a cash consideration of MXN 100,000 (Mexican Pesos One Hundred Thousand only) as the subscribed capital for the newly established step-down subsidiary. No governmental or regulatory approvals were required for this incorporation, streamlining the establishment process.

Regulatory Compliance

The disclosure was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026. The company received the incorporation information on 26th March, 2026, and promptly informed the stock exchanges.

This expansion represents Elecon Engineering's continued growth strategy through its international subsidiary network, leveraging its Singapore operations to establish a presence in the Latin American market for industrial engineering products and services.