Cords Cable Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 28, 2026, recommended Final Dividend of Rs. 1.20 per equity share of face value of Rs. 10/- each fully paid up for the F.Y. 2025-26.
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The Board of Directors of Cords Cable Industries Limited recommended a final dividend of Rs. 1.20 per equity share (12% of face value Rs. 10) for FY 2025-26. This dividend is subject to approval by shareholders at the upcoming Annual General Meeting. If approved, the dividend will be paid within 30 days from the conclusion of the AGM. The company will announce the record date for determining shareholder eligibility in due course. The board meeting was held on May 28, 2026.
The recommendation of a 12% dividend indicates the company continues to share profits with shareholders, though the payout is modest. The actual dividend amount depends on AGM approval and the stock's current market price for yield calculation.