Finolex Cables Announces 58th AGM on Sep 28, 2026, Proposes 450% Dividend
Finolex Cables will hold its 58th AGM on September 28, 2026, via VC/OAVM. The agenda includes adopting FY26 financial statements and approving a 450% dividend (₹9 per share) payable by October 27, 2026. Key re-appointments of directors are also on the agenda. Remote e-voting is available from Sept 24-27, 2026.
The AGM notice and dividend proposal are routine corporate events. While the dividend is a positive signal, the impact is considered medium as it's a forward-looking event and a standard practice for financially sound companies.
The announcement of the AGM, coupled with the proposed dividend declaration, indicates positive financial health and shareholder returns, which is generally viewed favorably by the market.
Finolex Cables Limited has announced its 58th Annual General Meeting (AGM) for the Financial Year 2025-26. The AGM is scheduled to be held on Monday, September 28, 2026, at 12:00 pm through Video Conference (VC) or Other Audio Visual Means (OAVM).
The agenda for the meeting includes the consideration and adoption of the Audited Financial Statements (standalone and consolidated) for the Financial Year ended March 31, 2026, along with the reports of the Board of Directors and Auditors. The company also proposes to declare a dividend on equity shares for the Financial Year ended March 31, 2026. Shareholders will vote on the re-appointment of Mr. Nikhil Naik, Mrs. Vanessa Singh, Mr. Zubin Billimoria, and Mr. Sriraman Raghuraman as Independent Directors, and Mr. Ratnakar Barve as a Whole-time Director. Additionally, the remuneration of the Cost Auditors for the Financial Year 2026-27 will be ratified.
The Board of Directors has recommended a dividend of 450%, which translates to ₹9 per equity share of ₹2 each fully paid up, for the Financial Year ended March 31, 2026. This dividend is proposed to be paid by October 27, 2026, subject to shareholder approval. The record date for dividend entitlement is September 4, 2026.
The company is providing facility for remote e-Voting, which will commence on Thursday, September 24, 2026, at 9:00 A.M. and conclude on Sunday, September 27, 2026, at 5:00 P.M. The AGM will be conducted in compliance with SEBI and MCA circulars, allowing participation via VC/OAVM.
What to do with a filing like this
Finolex Cables 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 Finolex Cables Limited. Read the original for the full detail.