Birla Cable Limited shareholders approved a dividend of ₹1.25 per equity share and re-appointed Dhan Raj Bansal as director during its 34th Annual General Meeting (AGM) held on August 3, 2026. The meeting, convened in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, also saw the adoption of standalone and consolidated financial statements for the fiscal year ended March 31, 2026. The dividend declaration represents a yield of 12.50% on the face value of ₹10 per share, reflecting management’s confidence in the company’s cash position following the audit of FY26 results.

The AGM commenced at 4:45 P.M. at the company’s registered office in Rewa, Madhya Pradesh, and concluded at 5:07 P.M. Harsh V. Lodha, Non-Executive Chairman, presided over the proceedings. Bachh Raj Nahar, Non-Executive Independent Director and Chairman of the Audit Committee, was present to address shareholder queries. Pandanda Kariappa Madappa, another Non-Executive Independent Director, Somesh Laddha, Manager & Chief Financial Officer, and Suman, Company Secretary, also attended. Directors Dhan Raj Bansal, Kiran Aggarwal, and Ravindra Pratap Singh were absent due to prior commitments.

Key Resolutions Passed

Shareholders voted on six resolutions covering ordinary and special business. Voting was conducted through remote e-voting via Central Depository Services (India) Limited (CDSL) and ballot polling at the venue. Rajesh Kumar Mishra of R.K. Mishra & Associates served as Scrutiniser. A total of 48,852 shareholders were on record as of July 27, 2026, with 67 promoters and public shareholders attending physically or via proxy.

Management Appointments and Audit Compliance

Somesh Laddha was formally appointed as Manager for a term of three consecutive years, effective from May 22, 2026, to May 21, 2029, along with associated remuneration. The company also ratified the remuneration of ₹1,00,000 payable to Messrs D. Sabyasachi & Co., Cost Accountants, for the financial year ending March 31, 2027.

Dhan Raj Bansal, who retires by rotation under Section 152(6) of the Companies Act, 2013, offered himself for re-appointment and was approved by shareholders. While promoter group voting showed strong support, non-institutional public shareholders cast 15.67% of votes against his re-appointment. Kishor Kumar Gupta, representative of Secretarial Auditor R.K. Mishra & Associates, attended the meeting. Statutory Auditors V. Sankar Aiyar & Co. were granted an exemption from attendance by the Board.

What the Numbers Show

The approval of a 12.50% dividend payout ratio indicates a strong cash position relative to the share capital base. With the re-appointment of key management personnel including the Manager and Director, the company maintains continuity in its leadership structure while complying with statutory rotation requirements. The high level of e-voting participation (66.74% of total shares polled) underscores active shareholder engagement in corporate governance matters.

Birla Cable Limited has fixed July 27, 2026, as the record date for its 34th Annual General Meeting (AGM) and to determine shareholder eligibility for the final dividend for the financial year 2025-26. The AGM is scheduled to be held on August 3, 2026, at 4.45 P.M. at the Registered Office of the Company at Udyog Vihar, P.O. Chorhata, Rewa - 486 006 (M.P.). The dividend declaration is subject to approval by the members. This announcement follows the company's reporting of a standalone net profit of ₹1686.78 lakh for FY26, a significant increase from ₹503.11 lakh in the previous year.

The board had earlier recommended a dividend of ₹1.25 per equity share of face value ₹10 each, amounting to a payout of 22.23% of the standalone net profit for the year. The record date ensures that shareholders listed on the register of members as of July 27, 2026, will be entitled to attend the AGM and receive the dividend if declared. Additionally, the company has provided the web-link for the Annual Report 2025-26 and Notice of AGM on its website, https://www.birlacable.com , specifically for shareholders who have not registered their email addresses.

Financial Performance

The company's revenue from operations rose by 16.54% to ₹77111.40 lakh, primarily driven by historically high sales in the Structured Copper LAN Cable segment. This performance helped offset subdued demand in the Optical Fibre Cable market. The profit before tax stood at ₹2259.24 lakh, up from ₹683.56 lakh in FY25, while finance costs decreased to ₹1233.51 lakh from ₹1371.75 lakh in the prior year. The following table summarises the key financial metrics for the year:

Operational Highlights

During the year under review, the company recorded standalone revenue from operations of ₹77111.40 lakh. This increase was primarily attributed to a significant rise in Structured LAN Cable sales, which reached the highest-ever revenue in this category. The order flow for Optical Fibre Cables remained broadly in line with the previous year. The company's capital expenditure for the year aggregated to ₹191.05 lakhs, consisting of additions to plant and equipment for capacity expansion.

Corporate Governance and Approvals

The board of directors appointed Shri Somesh Laddha as the Manager designated as the Manager & CFO of the company for a term of three years with effect from May 22, 2026, subject to shareholder approval. The board also approved the ratification of the remuneration payable to the Cost Auditors, Messrs D. Sabyasachi & Co., for the financial year ending March 31, 2027. The company's statutory auditors, Messrs V. Sankar Aiyar & Co., Chartered Accountants, have confirmed their eligibility to continue in office.

AGM and Voting Details

Pursuant to Regulation 47 and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has intimated the exchanges regarding the newspaper publication of the Notice of the 34th AGM. The notice was published on July 11, 2026, in the 'Financial Express' and 'Dainik Jagran'. The facility for remote e-voting will be available from Friday, July 31, 2026, at 9.00 A.M. until Sunday, August 2, 2026, at 5.00 P.M., provided by Central Depository Services (India) Limited (CDSL). Members recorded as on the cut-off date of July 27, 2026, shall be entitled to avail the facility of remote e-voting and/or voting at the AGM.