Board Meeting23 May 2026, 11:01 pm
Universal Cables Approves FY26 Results, ₹4.50 Dividend
AI Summary
Universal Cables Ltd's board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. They recommended a dividend of ₹4.50 per share, subject to shareholder approval. The company approved a technological upgrade for its EHV Cable facility at Satna with an outlay of approximately ₹73 crores. Shri Bachh Raj Nahar will cease to be a Director on June 13, 2026. Shri Ajay Kumar Sharma was appointed as Company Secretary and Chief Compliance Officer. The board also approved raising funds up to ₹200 Crores via Non-Convertible Debentures.
Key Highlights
- Approved audited financial results for the year ended March 31, 2026.
- Recommended a dividend of ₹4.50 per share for FY26.
- Approved ₹73 Cr for technological upgradation of EHV Cable facility.
- Appointed Shri Ajay Kumar Sharma as Company Secretary and Chief Compliance Officer.
- Approved raising up to ₹200 Cr via Non-Convertible Debentures.
Price Impact
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