RRKABELBSER R KABEL LIMITEDMediumNeutral
Announced Wed, 15 Jul · 17:50 IST

32nd AGM: All 10 resolutions passed; final dividend of Rs 5.50 per share declared

Board & Shareholder Meetings View source PDF

RRKABEL · price

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AI summary

R R Kabel held its 32nd AGM on 15 July 2026 via video conferencing. All 10 resolutions passed, including adoption of FY26 financials, final dividend of Rs 5.50 per share (alongside Rs 4 interim), reappointment of Mahhesh Kabra, revision in director remuneration, and elevation of Mahhesh and Rajesh Kabra to Joint Managing Director. Borrowing and related-party limits were also enhanced. About 92 percent of shareholders voted. Chairman highlighted crossing USD 1 billion revenue and leadership transition. Institutional investors showed significant dissent on director pay resolutions.

Likely market impact

All resolutions approved; Rs 5.50 final dividend confirmed. Institutional investors showed notable dissent on pay hikes and director elevations.