Cords Cable Industries Ltd. Holds 35th AGM; Declares 12% Final Dividend
Cords Cable Industries Limited held its 35th AGM on September 28, 2026. The company declared a final dividend of 12% (₹1.20 per share) for FY26. Key decisions included appointing a Whole-time Director and approving remuneration adjustments.
The dividend declaration and routine AGM proceedings, while positive, are standard corporate actions and do not represent a significant strategic shift or major financial event.
The declaration of a dividend and the smooth conduct of the AGM with resolutions passed are positive indicators for the company.
Cords Cable Industries Limited conducted its 35th Annual General Meeting (AGM) on Monday, September 28, 2026, commencing at 10:00 a.m. IST at the International Society for Krishna Consciousness (ISKCON) in New Delhi. The meeting was duly constituted with the requisite quorum present.
During the AGM, the company declared a final dividend of 12%, amounting to ₹1.20 per equity share for the financial year 2025-26. Key agenda items transacted included the adoption of audited financial statements for the year ended March 31, 2026, the appointment of a director, the reappointment of statutory auditors M/s GVKN & Associates, and the ratification of remuneration for cost auditors M/s S Chander & Associates for the financial year ending March 31, 2027.
Further resolutions passed involved the appointment of Mr. Pawan Kumar Maheswari as Whole-time Director and the approval of his remuneration. The remuneration of Mr. Naveen Sawhney, Managing Director, was also approved for an increase. Additionally, the payment of Dearness Allowance (DA) to Vice Presidents Mr. Varun Sawhney and Mr. Gaurav Sawhney was approved.
The company provided the facility of remote e-voting from September 25 to September 27, 2026. Members who had not voted remotely were given the opportunity to cast their votes via ballot paper at the AGM. The results of the e-voting and the AGM voting, along with the Scrutinizer’s Report, will be announced within two working days and disseminated on the company's website and stock exchanges.
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Cords Cable Industries Limited filed this with the NSE as a statutory disclosure, categorised under agm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Cords Cable Industries Limited. Read the original for the full detail.