nicco parks & resorts will hold its 37th Annual General Meeting on Friday, July 3, 2026, at 3:30 P.M. Indian Standard Time. The meeting will be conducted via video conferencing and other audio-visual means to ensure shareholder participation in compliance with regulatory norms. Shareholders holding shares in either dematerialized or physical form as of the close of business hours on June 26, 2026, will be entitled to vote at the AGM and utilize the remote e-voting facility.

The company has established June 26, 2026, as the cut-off date for determining eligibility for e-voting. This date aligns with the record date necessary for shareholder participation rights. The meeting proceedings adhere to the provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with relevant circulars from the Ministry of Corporate Affairs and the Securities and Exchange Board of India (SEBI).

Key Meeting Details

Ankit Kumar Bhardwaj, Company Secretary & Compliance Officer, signed the intimation sent to the Bombay Stock Exchange regarding the schedule. The communication confirms that all procedural requirements for convening the meeting through electronic means have been met.

Nicco Parks & Resorts Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The board of directors reviewed and approved the results during a meeting held on May 14, 2026, which commenced at 12:30 p.m. and concluded at 5:45 p.m. The results were reviewed by the audit committee prior to the board meeting, in compliance with Regulations 33 and 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, M/s. Lodha & Co, LLP, Chartered Accountants, have expressed a modified opinion in their audit report pertaining to the audited standalone and consolidated financial results for the year ended March 31, 2026.

Financial Performance

For the financial year ended March 31, 2026, the company reported a total income from operations of ₹6634.67 lakh on a standalone basis. The standalone net profit for the period after tax stood at ₹1970.81 lakh, a significant increase from the ₹442.82 lakh reported in the previous year. For the quarter ended March 31, 2026, the standalone net profit after tax was ₹72.87 lakh.

On a consolidated basis, the total income from operations for the year was ₹6634.67 lakh. The company reported a consolidated net loss of ₹272.59 lakh for the year, compared to a net profit of ₹336.04 lakh in the prior year. For the quarter ended March 31, 2026, the consolidated net loss after tax was ₹72.24 lakh.

The following table summarizes the audited financial results for the year and quarter ended March 31, 2026:

Dividend Declaration

The board of directors has recommended a final dividend of 25%, equivalent to ₹0.25 per share on a face value of Re. 1, subject to approval by members at the ensuing Annual General Meeting. This is in addition to the interim dividend of 100%, or ₹1.00 per share, which was declared and paid by the board during the financial year ended March 31, 2026.

Operational Notes

The company noted that its park operations, food and beverage, and other recreational activities are seasonal in nature, causing quarterly performance variations. The financial results for the quarter are therefore not necessarily representative of annual performance. The results include an expense of ₹47.02 lakh recognized as employee benefit expenses due to the implementation of new labour codes notified by the Government of India. Additionally, the company addressed the status of its land lease, which expired in February 2023, stating that an application for renewal is pending with the Government of West Bengal. The financial statements have been prepared on a going concern basis.