Nelcast Limited has scheduled its 44th Annual General Meeting (AGM) for July 27, 2026, at 3:30 PM through Video Conferencing (VC) and Other Audio Visual Means (OAVM). The record date to determine shareholder eligibility for voting and dividend entitlement is July 20, 2026. The company has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting and e-voting during the AGM.

The Register of Members and Share Transfer Books will remain closed from July 21, 2026, to July 27, 2026. Remote e-voting will be available from July 23, 2026, at 9:00 AM to July 26, 2026, at 5:00 PM. Shareholders who have cast their vote via remote e-voting may attend the meeting but will not be entitled to vote again. The facility to appoint a proxy is not available due to the virtual nature of the meeting, though body corporates may appoint authorized representatives.

E-Voting and Participation Details

Members can access the NSDL e-voting system at www.evoting.nsdl.com . The company has dispatched the Notice of AGM and Annual Report for the year 2025-26 electronically on June 30, 2026. Mr. P.R. Lakshmi Narayanan, Practicing Company Secretary, has been appointed as the Scrutinizer for the voting process.

Tax Information on Dividend

Pursuant to the provisions of the Income Tax Act, 2025, dividend income is taxable in the hands of the members. The company will deduct tax at source at the prescribed rates. However, no tax shall be deducted on the dividend payable to a resident individual if the dividend paid during the year 2026-27 does not exceed ₹10,000, or if the member has submitted Form 121 (erstwhile Form 15G/15H) subject to specified conditions. Members must submit Form 121 to tds@bigshareonline.com by 11:59 PM (IST) on July 20, 2026, to avail of this benefit.

Nelcast Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, disclosing comprehensive data on its environmental, social, and governance (ESG) performance. The report, filed pursuant to Regulation 34(2)(f) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlights the company's operational footprint, workforce demographics, and sustainability initiatives. Notably, the entity reported zero monetary or non-monetary fines, penalties, or settlement amounts during the year, indicating full compliance with regulatory standards.

Operational and Financial Overview

The company operates three plants and one office nationally, serving 16 states across India and 13 countries internationally. Exports contributed 29% to the total turnover. For the financial year, the reported turnover was ₹1328.40 crore and net worth stood at ₹596.64 crore. The firm identified material issues such as raw material efficiency and sustainable business practices as opportunities, while noting supply chain disruption from geopolitical issues as a risk with negative financial implications.

Workforce and Grievance Redressal

Nelcast Limited employed a total of 2,100 individuals, comprising 1,390 employees and 710 workers. The workforce included four differently-abled employees and three differently-abled workers. The company recorded 131 grievances from employees and workers during FY26, all of which were resolved with none pending at the close of the year. This marked an increase from the previous year, which saw 130 grievances filed and five pending resolution. No complaints were reported from shareholders, communities, or value chain partners during the current financial year.

Environmental Performance

The company demonstrated a shift towards renewable energy, sourcing 422.40 million MJ from renewable sources compared to 333.35 million MJ in the previous year. Total energy consumption rose to 626.19 million MJ from 586.46 million MJ. Water withdrawal increased to 101,745 kiloliters from 98,476 kiloliters. The report detailed greenhouse gas emissions, with total Scope 1 emissions at 2,913 metric tonnes of CO2 equivalent and Scope 2 emissions at 63,435 metric tonnes. The company has installed a 1 MW in-house solar plant and is sourcing renewable energy for all three plants through group captive mode.

Governance and Compliance

The Board of Directors oversees sustainability issues through the Risk Management Committee and the Corporate Social Responsibility Committee. While the company has policies addressing the nine principles of the National Guidelines on Responsible Business Conduct (NGRBC), it noted that these policies do not fully extend to value chain partners as of March 31, 2026. Independent assessment of the BRSR Core was not undertaken. The company confirmed compliance with applicable environmental laws, including the Water Act and Air Act, and reported no instances of non-compliance requiring corrective action.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE189I01024/95f84200bc314f6f.pdf