Dynamic Cables 19th AGM: all 7 resolutions passed, Rs 0.50 dividend declared
DYCL · price
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Dynamic Cables Limited held its 19th AGM on July 21, 2026 via video conferencing. All 7 resolutions were passed, including adoption of FY26 financials, final dividend of Rs 0.50 per share, re-appointment of Rahul Mangal, appointment of Neeraj Bali as Independent Director, material related party transactions with Rasik Mangal (88.80 percent in favour), increase in borrowing limits, and cost auditor remuneration ratification. Around 3.40 crore shares voted, or 70.28 percent of total.
Shareholders get Rs 0.50 dividend per share. Higher borrowing limit allows more debt. Related party deal saw 11 percent dissent from institutional investors.