Elnet Technologies Limited , a prominent player in the IT/Technology sector, has announced the approval of its unaudited financial results for the first quarter of the fiscal year 2026. The decision was made during the company's 202nd board meeting held on August 12, 2025.

Board Meeting Details

The board meeting, which lasted for 40 minutes from 11:00 A.M. to 11:40 A.M., focused on reviewing and approving the financial performance of the company for the quarter ended June 30, 2025. This marks an important milestone for Elnet Technologies as it provides insights into the company's financial health at the beginning of the new fiscal year.

Financial Results and Auditor's Review

The unaudited financial results for Q1 FY2026 have been subjected to a Limited Review by the company's statutory auditors, M/s. Selvam & Suku, Chartered Accountants. This review adds credibility to the financial statements and ensures compliance with regulatory requirements.

Transparency and Accessibility

In line with its commitment to transparency and adherence to regulatory guidelines, Elnet Technologies has announced plans to publish these financial results in both English and Tamil newspapers. This move ensures that the information reaches a wide audience, catering to both national and regional stakeholders.

Furthermore, the company will make the detailed financial results available on its official website ( www.elnettechnologies.com ) as well as on the BSE website. This multi-channel approach to disseminating financial information demonstrates Elnet Technologies' dedication to keeping its investors and the public well-informed.

Regulatory Compliance

The approval and announcement of these financial results are in compliance with Regulations 33 and 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This adherence to regulatory standards underscores Elnet Technologies' commitment to good corporate governance practices.

As the IT/Technology sector continues to evolve rapidly, the financial performance of companies like Elnet Technologies provides valuable insights into the industry's dynamics. Stakeholders and industry observers will be keenly analyzing these results to gauge the company's position in the competitive technology landscape.

Elnet Technologies Limited has announced a proposal for a final dividend of 19% for the financial year ended March 31, 2025. The Board of Directors made this recommendation during a meeting held on July 22, 2025.

Dividend Details

The proposed dividend amounts to Rs. 1.90 per equity share, based on a face value of Rs. 10.00 per share. This recommendation is subject to shareholder approval at the company's upcoming 34th Annual General Meeting.

Board Meeting Particulars

The board meeting where this decision was made took place on July 22, 2025, commencing at 10:00 AM and concluding at 11:30 AM. The company has duly informed the BSE Limited of this development, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Governance

Elnet Technologies has adhered to proper corporate governance practices by promptly disclosing the outcome of the board meeting. The company's Company Secretary and Compliance Officer, Swati S. Bajaj, signed the official communication to the stock exchange.

Shareholders of Elnet Technologies will have the opportunity to vote on this dividend proposal at the forthcoming Annual General Meeting. The date for this meeting has not been specified in the current announcement.

Investors and stakeholders are advised to keep an eye out for further announcements regarding the date of the Annual General Meeting and other relevant details pertaining to the proposed dividend payout.