CORDSCABLENSECords Cable Industries Limited· MiscellaneousMediumNeutral
Announced Thu, 31 Jul · 14:58 IST

Cords Cable Industries Limited has informed the Exchange regarding Appointment of Mr Praveen Verma (DIN: 01876083) as Non- Executive Independent Director of the company w.e.f. October 01, 2025.

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Cords Cable Industries reported its Q1 FY26 (quarter ended June 30, 2025) unaudited results, with revenue from operations rising to ₹225.61 crore from ₹172.96 crore in the same quarter last year, a growth of about 30%. Profit after tax grew to ₹3.87 crore from ₹2.88 crore year-on-year, with EPS of ₹2.97 versus ₹2.22. The Board approved the 34th Annual General Meeting for September 29, 2025, with a record date of September 22, 2025, and confirmed that the dividend (subject to shareholder approval) will be paid by October 28, 2025. The Board also appointed Mr. Praveen Verma (DIN: 01876083) as a Non-Executive Independent Director for a five-year term starting October 1, 2025, to fill the upcoming vacancy from the end of Mr. Prem Kumar Vohra's second term.

Likely market impact

Strong year-on-year growth in both revenue and profit signals healthy operational momentum, and the declared dividend and e-voting arrangement are routine shareholder actions. The new independent director appointment is a planned board succession and is unlikely to move the stock materially on its own.