International Conveyors Ltd Schedules Board Meeting on May 20, 2026 to Consider FY26 Financial Results and Dividend

International Conveyors Ltd has notified the stock exchanges of an upcoming board meeting scheduled for Wednesday, May 20, 2026, in compliance with Regulation 29 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The intimation was issued on May 14, 2026, and signed by Dipti Sharma, Company Secretary & Compliance Officer.

Board Meeting Agenda

The board meeting has been convened to consider and approve several key corporate matters. The following items are on the agenda:

Agenda Item:	Details
Financial Results:	Audited Standalone & Consolidated results for the quarter and year ended March 31, 2026
Annual Accounts:	Standalone & Consolidated accounts for the year ended March 31, 2026
Dividend:	Recommendation of final dividend on equity shares, if any, for FY 2025-26
Other Business:	Any other matter with the permission of the chair

Trading Window Closure

In line with the company's Code of Conduct to Regulate, Monitor and Report Trading by Directors & Designated Persons, the trading window for dealing in International Conveyors' securities remains closed. The closure was originally communicated vide letter no. ICL/DS/2025-26/778 dated March 27, 2026. The trading window will re-open 48 hours after the declaration of the financial results to the stock exchanges.

Company Details

International Conveyors Ltd is headquartered at 10, Middleton Row, Kolkata - 700 071, with its registered office and works located at Falta SEZ, Sector - II, Near Pump House No. 3, Village & Mouza - Akalmegh, Dist. South 24 Parganas, West Bengal - 743 504. The company also operates a second facility at E-39, M.I.D.C. Area, Chikalthana, Aurangabad - 431 006, Maharashtra.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.65%	-3.31%	+3.62%	-11.33%	+3.64%	+8.51%

International Conveyors Limited completed the acquisition of equity shares of Jain Resource Recycling Limited on May 11, 2026, pursuant to a disclosure filed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transaction was executed through cash consideration and was undertaken for investment purposes. The Company Secretary and Compliance Officer, Dipti Sharma, signed and submitted the regulatory disclosure on the same date.

Acquisition Details

The following table summarises the key parameters of the acquisition as disclosed by International Conveyors:

Parameter:	Details
Target Entity:	Jain Resource Recycling Limited
Industry:	Diversified Metals
Shares Acquired:	87,105 equity shares
Cost of Acquisition:	₹5 Crore
Nature of Consideration:	Cash Consideration
Date of Completion:	May 11, 2026
Purpose:	Investment Purpose
Related Party Transaction:	No
Regulatory Approvals Required:	Not Applicable

The acquisition does not fall within the category of related party transactions, and neither the promoter, promoter group, nor group companies have any interest in the entity being acquired.

About Jain Resource Recycling Limited

Jain Resource Recycling Limited was incorporated in 2022 and, along with its subsidiaries, specialises in recycling non-ferrous metal scrap and producing lead, copper, and aluminium alloys. Its lead ingots are London Metal Exchange-registered, ensuring adherence to international quality standards. The company also trades non-ferrous metals and commodities and has a presence in India.

The target entity has reported strong turnover growth over the last three financial years, as detailed below:

Financial Year:	Turnover (Rs. in Cr.)
FY 2024-25:	7125.77
FY 2023-24:	2969.58
FY 2022-23:	1927.01

The turnover figures reflect substantial growth in Jain Resource Recycling's business operations since its incorporation, with FY 2024-25 turnover of Rs. 7125.77 Cr. representing a significant increase compared to Rs. 1927.01 Cr. reported in FY 2022-23.

Regulatory Compliance

The disclosure was made in accordance with Regulation 30 of the SEBI Listing Regulations, read with Para A of Part A of Schedule III. International Conveyors, headquartered at 10, Middleton Row, Kolkata, filed the requisite annexure with both the National Stock Exchange of India Ltd and BSE Ltd, requesting the exchanges to take the disclosure on record.