Board Meeting23 May 2026, 09:40 pm
Vindhya Telelinks Recommends ₹6 Dividend, Approves Expansion
AI Summary
Vindhya Telelinks Ltd's board approved audited financial results for FY26, recommended a dividend of ₹6 per share, and approved the re-appointment and appointment of independent directors. The company also approved raising up to ₹200 Crores via NCDs and a ₹65 Crore expansion of its optical fibre cable production capacity.
Key Highlights
- Recommended dividend of ₹6.00 per share (60%) for FY26, subject to member approval.
- Approved re-appointment of Shri Priya Shankar Dasgupta as Non-Executive Independent Director.
- Approved appointment of Shri Pandanda Kariappa Madappa as an Additional Non-Executive Independent Director.
- Approved raising up to ₹200 Crores via Non-Convertible Debentures (NCDs).
- Approved ₹65 Crore expansion of Speciality Optical Fibre Cables production capacity.