Please find enclosed the outcome of AGM
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Delton Cables Limited held its 60th AGM on September 26, 2025 via video conferencing, concluding at 11:37 A.M. All 12 resolutions on the agenda were passed with the requisite majority. Key items approved include adoption of audited financial statements for FY ending March 31, 2025 (with no adverse remarks from statutory or secretarial auditors), declaration of a final dividend of Rs. 2 per equity share (face value Rs. 10), and an increase in the company's borrowing limits. Several director appointments and re-appointments were also approved, including Mr. Vijendra Kumar Gupta as Chairman & Whole-Time Director, Mr. Vivek Gupta as Managing Director & CEO, and Mr. Ankit Arora as a new Director and Whole-Time Director. Voting results were to be submitted to BSE within 2 working days.
Shareholders will receive a Rs. 2 per share dividend, signalling steady returns. The increased borrowing limit allows the company greater flexibility to raise debt for growth, while the re-appointment of top management ensures continuity. No material negative news from the AGM, so the stock is unlikely to see significant disruption from this filing.