Indo-National (NIPPOBATRY) — Board Meeting

The Board approved the audited financial results for the quarter and year ended March 31, 2026, recommending a final dividend of ₹3.75 per share (75%) amounting to ₹281.25 lakhs, subject to shareholder approval. The statutory auditor issued an unmodified opinion, confirming compliance with SEBI LODR and IND AS, with no material uncertainty around going concern. Key operational updates include the effective scheme of amalgamation (April 2, 2026), investments in subsidiaries MEDCUORE and AXIAL AERO, and recognition of a past liability of ₹87 lakh due to new labour codes. A penalty appeal related to a CCI case saw ₹422 lakh deposited pending resolution. The company confirmed it does not qualify as a 'Large Corporate' under SEBI criteria. Cash flow from operations was negative at ₹(5,575.56) lakhs, but net cash inflow stood at ₹8,047.28 lakhs after financing and investing activities.

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About Indo-National Limited (NIPPOBATRY)

Capital Goods · Dry cells · Listed on NSE

Market Cap: ₹246.75 Cr ROE: -5.9% ROCE: -5.7% Div Yield: 1.14%

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