The Board of Directors of the Company at its Meeting held today i.e. 23rd May, 2026 has inter alia, considered and approved the appointment of Shri Pandanda Kariappa Madappa (DIN:00058822) ....
VINDHYATEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vindhya Telelinks reported FY2026 standalone profit of ₹52.79 crore (down from ₹115.48 crore in FY2025) on revenue of ₹35,663 crore. Consolidated profit stood at ₹220.18 crore, boosted by associate contributions. The board recommended a dividend of ₹6 per share (60%) for FY2026. Key board changes include appointment of Pandanda Kariappa Madappa as Independent Director and cessation of Bachh Raj Nahar (attaining age 75) whose continuation resolution failed to pass with requisite majority. The company also approved raising ₹200 crore via NCDs and an additional ₹65 crore investment in optical fibre cable capacity (total ₹101.70 crore). A scheme of amalgamation between Birla Cable Limited and the company (effective April 1, 2026) is in progress, pending NCLT approval.
Shareholders can expect dividend income if approved at AGM. The director appointment adds board strength but the failed resolution for director continuation signals potential governance concerns. The capacity expansion and NCD plans indicate growth focus.