What to watch . Swelect Energy board to meet for results, bonus

Updated - July 06, 2019 at 05:00 AM.

 

The board of Swelect Energy Systems will meet on Monday to consider the unaudited financial results for the quarter ended June 30, 2019. Besides, the board agenda includes a bonus proposal. Shareholders of the company would be keen to know the entitlement ratio and record date. Earlier, the Chennai-based company had declared a 1:1 bonus in 2009. For FY18-19, Swelect Energy had reported a net profit of ₹11.05 crore on revenues of ₹119.84 crore.

Published on July 5, 2019 23:30