
Quarterly Result28 May 2026, 11:09 pm
Finolex Cables Q4 FY26 Results, 450% Dividend, CEO & CFO Changes
AI Summary
Finolex Cables Limited's Board of Directors met on May 28, 2026, approving the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The Board recommended a dividend of 450% (₹9 per equity share of ₹2 each) for FY26, subject to shareholder approval. Significant management changes were also approved: Mr. Mahesh Viswanathan, currently Dy. CEO & CFO, will be elevated to Chief Executive Officer, and Mr. Sachin Naik will be appointed as the new Chief Financial Officer, both effective June 1, 2026. The statutory auditors, Deloitte Haskins Sell LLP, issued an unmodified opinion on the financial results.
Key Highlights
- Board approved Q4 and FY26 Audited Standalone and Consolidated Financial Results.
- Recommended a 450% dividend (₹9 per share) for FY26, subject to approval.
- Mahesh Viswanathan elevated to CEO, effective June 1, 2026.
- Sachin Naik appointed as new CFO, effective June 1, 2026.
- Statutory Auditors issued an unmodified opinion on the financial results.
Price Impact
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