Nicco Parks & Resorts Ltd

Nicco Parks & Resorts Limited – Trading Window closed from Oct 1, 2026; remains closed for 48 hours after the declaration of Un-Audited & Consolidated financial results for the second quarter & six months ended Sept 30, 2026; board meeting date to consider the results will be intimated in due course.

Resolutions

• Ordinary Resolution: Appointment of Soumitra Sengupta as Nominee Director representing WBTDCL; appointed 20 Jul 2026.
• Ordinary Resolution: Appointment of Shiv Siddhant Narayan Kaul as Non-Executive, Non-Independent Director; appointed 20 Jul 2026.

Outcomes

• Outcome: Not disclosed in notice; results to be announced after postal ballot closes.

Shareholder impact

• Adds Nominee Director alignment with WBTDCL; no immediate share capital change.

Director profiles

• Soumitra Sengupta: Nominee Director; representing WBTDCL; IAS officer; MD, WBTDCL; to retire by rotation.
• Shiv Kaul: Non-Executive, Non-Independent Director; MD, Nicco Engineering Services; Princeton MS.

Dividend details

• Interim dividend declared at 25% per share (₹0.25) on ₹1 face value equity shares.
• Board approved interim dividend declaration for quarter ended 30 June 2026.
• Record date fixed at 21 August 2026.
• Payment date on or before 11 September 2026.
• Face value of the share is ₹1.

Financial highlights

• Standalone revenue from operations Rs 1,905.02 lakh; total income Rs 2,107.20 lakh.
• Standalone PAT Rs 518.73 lakh; EPS Rs 1.11.

Consolidated performance

• Consolidated PAT Rs 547.25 lakh; Consolidated EPS Rs 1.17.

Segment performance (Standalone)

• Park Ops revenue Rs 1,800.31 lakh; Park Ops segment profit Rs 568.09 lakh.
• Consultancy revenue Rs 53.55 lakh; segment profit Rs 8.08 lakh.
• F&B & Other Recreational Facilities revenue Rs 51.16 lakh; segment profit Rs 16.66 lakh.
• Total segment revenue Rs 1,905.02 lakh; total segment profit Rs 592.83 lakh.

Dividend & payout

• Interim dividend of 25% (Rs 0.25 per share) for FY2026-27; record date 21-Aug-2026; payout by 11-Sep-2026.

Going concern & lease matter

• Lease renewal with West Bengal Govt pending; operations continuing on going-concern basis.
• Land repossessed ~1.46 acres by WB Tourism Dept from 08-Nov-2025; ongoing arrangements with WBTDCL.

Governance & notes

• Board size increased to 8; independent directors below regulatory requirement; compliance pending.
• Labour code developments recognized; ongoing monitoring of employee cost impacts.

Business model

• Joint Sector entity with GoWB; park operations, consultancy, and F&B/recreational facilities.

Dividend proposal

• Interim dividend proposed for equity shareholders.
• Record date fixed as August 21, 2026.
• Declaration subject to board approval.
• Board will consider interim dividend at the August 13, 2026 meeting.

Board changes

• Change: Appointment of Soumitra Sengupta as Nominee Director; effective 20-Jul-2026; nominated by WB T Dev; IAS; not debarred.
• Change: Appointment of Shiv Kaul as Non-Executive & Non-Independent Director; effective 20-Jul-2026; Board appointment; governance experience; not debarred.