Nicco Parks & Resorts will hold its 37th Annual General Meeting on Friday, July 3, 2026, at 3:30 P.M. IST via video conferencing. The company has engaged NSDL to provide a remote e-voting facility, enabling shareholders to cast votes electronically from June 30 to July 2, 2026. This initiative ensures broader shareholder participation in compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shareholders holding shares in either dematerialized or physical form as of the cut-off date, Friday, June 26, 2026, are eligible to vote. The remote e-voting period commences at 9:00 A.M. on June 30, 2026, and concludes at 5:00 P.M. on July 2, 2026. Members who have already cast their votes remotely may attend the meeting but cannot change their votes or vote again during the AGM.

The Notice convening the 37th AGM and the Annual Report for the financial year ended March 31, 2026, were dispatched via email on June 12, 2026. Physical dispatch of reports has been dispensed with in accordance with Ministry of Corporate Affairs circulars. The documents are available on the company’s website and the BSE website.

Key Meeting and E-Voting Details

Shareholders seeking to raise queries or register as speakers must submit their requests by 4:00 P.M. on July 1, 2026. The facility for joining the AGM through video conferencing will open 30 minutes before the scheduled time. Ankit Kumar Bhardwaj, Company Secretary & Compliance Officer, confirmed the schedule in the filing submitted to the Bombay Stock Exchange.

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.