Eimco Elecon (India) Limited — Board Meeting, 23-04-2025: Outcome of Board Meeting

The Board of Directors of Eimco Elecon has approved several key resolutions. They have released the audited financial results for the quarter and year ended March 31, 2025, reporting a net profit of ₹48.91 crore. A final dividend of ₹5.00 per equity share has been recommended, pending shareholder approval at the AGM. The board authorized the execution of a Termination Agreement concerning a shareholders agreement with Sandvik entities. Additionally, they appointed Dr. Sonal Ambani as a Non-Executive Woman Independent Director and designated Mr. Amit Kumar as Construction Business Vertical Head. The board also re-appointed several internal and secretarial auditors for FY 2025-26.