Dynamic Cables Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on Jun 30, 2025
DYCL · price
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Dynamic Cables Limited held its 18th Annual General Meeting on June 30, 2025, via video conferencing, and all 8 resolutions were passed with overwhelming majority (over 99.99% votes in favour on each). The total equity share base stood at 2,42,29,319 shares, of which around 70.23% of votes were polled. Key items approved include adoption of audited financial statements for FY ended March 31, 2025, declaration of a final dividend of Rs. 0.50 per equity share, re-appointment of Mr. Ashish Mangal (DIN: 00432213) as Managing Director via special resolution, and approval to issue bonus shares along with an increase in authorised share capital. The promoter group, holding 1,65,19,849 shares, voted 100% in favour of every resolution, while only a token handful of public non-institutional votes (10-137 shares) were cast against the dividend and MD re-appointment items.
Eligible shareholders will receive a Rs. 0.50 per share final dividend, and a bonus share issuance is now approved, which typically lifts liquidity and is usually viewed positively by the market in the short term. The re-appointment of the Managing Director and routine governance resolutions (auditor appointments, capital increase) signal business continuity, with no dissent worth flagging.