NELCO LTD. - Board recommends Dividend

Nelco Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 16, 2020, inter alia, have recommended a Dividend of Rs. 1.20/- per Equity Share of Rs.10/- each (12%) for the Financial Year 2019-20 subject to the approval of the Shareholders at the ensuing Annual General Meeting.