The details for the Change in Directorate are mentioned in the letter attached.
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Awaiting price reaction for this filing.
Delton Cables reported audited FY25 results with revenue from operations jumping to Rs. 70,926 lakhs from Rs. 40,086 lakhs in FY24, a growth of about 77%. Net profit rose to Rs. 2,051 lakhs (from Rs. 1,466 lakhs) and EPS climbed to Rs. 23.74 from Rs. 16.96. The Board recommended a final dividend of Rs. 2 per share (20%) subject to shareholder approval. Promoters Vijender Kumar Gupta (Chairman) and his son Vivek Gupta (MD & CEO) were re-appointed for another 5-year term, while independent director Atul Aggarwal got a second 5-year term. The company also approved raising its borrowing limit and disposal of undertakings up to Rs. 500 crores each, pending shareholder approval.
Strong topline growth and a 40% jump in net profit signal healthy business momentum, while the 20% dividend offers a steady income for shareholders. The CFO transition appears smooth with an immediate replacement, and the higher borrowing/divestment limits give the company more financial flexibility for expansion.