Nicco Parks & Resorts Ltd declared a final dividend of Re. 0.25 per share for the financial year ended March 31, 2026, at its 37th Annual General Meeting held on July 3, 2026. The company confirmed the payment of an interim dividend of Re. 1.00 per share, which was paid in August 2025. The meeting was conducted via video conferencing and other audio-visual means, commencing at 3:30 P.M. and concluding at 4:30 P.M.

The statutory auditors issued qualified opinions on the standalone and consolidated financial statements for FY26. The Secretarial Auditor also expressed qualifications and observations in the audit report for the same period. Mr. Barun Kumar Ray, IAS, Chairman, informed members about these qualifications during the proceedings.

Shareholders adopted the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. The resolutions to receive and consider these documents, along with the reports of the Board of Directors and Auditors, were passed as ordinary business. The remote e-voting facility was available from June 30, 2026, to July 2, 2026, and during the AGM.

The board re-appointed Ms. Vandana Yadav, IAS, as a Director, representing the nominee of West Bengal Industrial Development Corporation Ltd (WBIDCL). She retires by rotation and was eligible for re-appointment. The voting results and the Scrutinizer's Report will be submitted to the exchanges within the stipulated time.

Dividend Details

The AGM was attended by key directors, including Mr. Dipankar Chatterji, Mr. Vijay Dewan, Ms. Nayantara Palchoudhuri, and Mr. Rahul Mitra. Mr. Rahul Mitra, Managing Director & CEO, responded to queries regarding the operational and financial performance of the company for the year ended March 31, 2026.

nicco parks & resorts announced the cessation of Mr. Abhishek Kumar Tiwary as its Nominee Director effective June 29, 2026. The change follows the withdrawal of his nomination by the West Bengal Tourism Development Corporation Limited, the nominating authority, due to his administrative transfer.

The company received a communication from the Government of West Bengal, Department of Tourism, on June 29, 2026, confirming the development. The notification stated that Mr. Tiwary, an IAS officer serving as Managing Director of West Bengal Tourism Development Corporation Limited, has been transferred to a new assignment.

Details of Cessation

The disclosure was made to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The following table details the change in the directorate:

Mr. Tiwary has been transferred to the post of District Magistrate-cum-District Election Officer, South 24 Parganas, as per a notification issued by the Personnel & Administrative Reforms Department of the West Bengal government. The transfer order was issued on March 18, 2026, by the Governor of West Bengal.