Elecon Engineering Company Limited has announced that its officials will meet analysts and institutional investors in Mumbai. The meeting is scheduled for May 27, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The interaction will be a group meeting held in person, commencing at 10:00 a.m. IST. The event is being hosted by 360 ONE Capital as part of the 16th Annual Global Investor Conference - TRINITY INDIA 2026.

Meeting Details

The schedule for the interaction is outlined below:

The company clarified that discussions during the meeting will be based on publicly available information and no presentation will be made. Furthermore, Elecon Engineering stated that no unpublished price sensitive information will be shared during the interaction with analysts and institutional investors.

The schedule remains subject to change due to exigencies on the part of the analysts, investors, or the company.

Elecon Engineering Company Limited has fixed June 12, 2026, as the record date to determine shareholder eligibility for a final dividend. The Board of Directors has recommended a payout of ₹1.50 per equity share, representing a 150% dividend on the face value of Re. 1.00 each for the financial year ended March 31, 2026. This dividend is subject to approval by the members at the upcoming Annual General Meeting. The company has published the notice for its 66th Annual General Meeting in the Business Standard and Jay Hind newspapers on May 21, 2026, under Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Tax Deduction Guidelines

Pursuant to the Income Tax Act, 2025, dividend is taxable in the hands of shareholders. The company will deduct tax at source based on shareholder categories. For resident individuals, TDS is applicable at 10% unless the aggregate dividend does not exceed Rs. 10,000 or Form 121 is submitted. Tax will not be deducted if a valid PAN linked to Aadhaar is provided. In the absence of a valid PAN or if PAN is not linked to Aadhaar, TDS will be deducted at a higher rate of 20%. Non-resident shareholders are subject to a withholding tax of 20% plus applicable surcharge and cess, unless they opt for beneficial Double Tax Avoidance Agreement (DTAA) rates by submitting specific documents.

Document Submission and Deadlines

To ensure appropriate tax deduction, shareholders must submit necessary documents such as self-declarations, Tax Residency Certificates (TRC), and PAN copies to the Registrar and Transfer Agent, MUFG Intime India Private Limited. The deadline for submitting these details is June 12, 2026. Shareholders holding shares in dematerialized form must update their records with depositories, while physical shareholders must furnish details to the Registrar. No communication regarding tax determination will be entertained after the record date.

66th Annual General Meeting Details

The company has scheduled its 66th AGM for Thursday, June 25, 2026, at 3:00 p.m. IST via Video Conference (VC). The Register of Members and Share Transfer Books will remain closed from June 13, 2026, to June 25, 2026. The cut-off date for determining eligibility for e-voting is June 18, 2026.

Key Corporate Actions