Resignation letter of CFO is attached

CFO resignedKey managerial personnel resignedManagement Changes View source PDF Explain this filing

Price

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Price reactionminutes from the announcement price · days from the prior close

-0.5%Reaction day

₹794.05

prior close

₹772.05

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-0.6% vs market

Other Electrical Equipment peers, median of 38sector-1.4%+0.9% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Microcap 250 and 0.9 pts more than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+3.0

10m

+1.7

15m

+2.3

30m

+1.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.5+0.1-0.6-1.4+0.9

Next day

-0.9-0.2-0.7-0.5-0.4

-0.5+0.3-0.8-0.3-0.2

-0.3+0.9-1.1-0.1-0.2

+0.2+0.8-0.5+0.6-0.3

+4.6+2.2+2.5+1.0+3.6

+1.5+3.4-1.8+1.3+0.3

15d

-15.7-0.8-14.9-3.8-11.9

-10.4+2.9-13.3-0.2-10.2

+8.0+0.8+7.2-6.0+14.1

-7.3+0.0-7.3-6.2-1.1

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 38Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Delton Cables reported strong FY25 results with revenue from operations surging 77% to Rs. 70,926 lakhs (from Rs. 40,086 lakhs in FY24) and net profit rising 40% to Rs. 2,051 lakhs. The Board recommended a final dividend of Rs. 2 per share (20%) for FY25, subject to shareholder approval. CFO Mrs. Sangeeta Tondon resigned citing personal reasons, effective end of May 30, 2025, and Mr. Rameshwar Jaiswal (a Chartered Accountant with 20+ years of experience) was appointed as the new CFO from May 31, 2025. The Board also approved the re-appointment of Mr. Vijender Kumar Gupta (Chairman & Whole-Time Director), Mr. Vivek Gupta (Managing Director & CEO), and Mr. Atul Aggarwal (Independent Director) for fresh 5-year terms.

Likely market impact

Strong FY25 performance with revenue and profit growth of 77% and 40% respectively, along with a 20% dividend, is positive for shareholders. The CFO transition appears smooth with a qualified replacement already lined up. Shareholders will need to approve proposals at the upcoming AGM, including a major increase in borrowing powers and disposal authority up to Rs. 500 crores each, which signals potential expansion or restructuring plans.