ALPHA TRIBE

EL CID Investments LtdImportant, 31-07-2026: Company Update

31-07-2026 | 07:16 pm

Elcid Investments held its 45th Annual General Meeting where shareholders approved the financial results for the year ended March 31, 2026, and a final dividend of ₹25 per equity share. The meeting also saw the re-appointment of Ms. Amrita Vakil as Director and Mr. Kartikeya Kaji as Independent Director. The company, an NBFC, highlighted its long-term investment strategy, maintaining a 4.23% strategic stake in Asian Paints Limited with no plans for sale. Consolidated dividend income for the year was ₹105.80 crore, and the company noted its shares trade below Net Asset Value.

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