Delton Cables has recommended a final dividend of ₹2 per equity share for the financial year FY26. The Board of Directors approved the payout during its meeting held on May 27, 2026, subject to shareholder approval at the upcoming Annual General Meeting.

The company will hold its AGM on Tuesday, September 29, 2026. Shareholders on record as of September 22, 2026, will be eligible to receive the dividend if the proposal is approved. Payment will be made within 30 days from the date of approval.

Tax Deduction at Source Guidelines

Delton Cables informed shareholders that tax at source (TDS) will be deducted from the final dividend as per the Income Tax Act, 2025. The applicable rates and exemptions are outlined below:

Shareholders seeking exemption or lower deduction must submit required documents, such as Form 121 or Tax Residency Certificates, to secretarial@deltoncables.com by September 22, 2026.

What the Numbers Show

The recommended dividend of ₹2 per share represents a 20% yield on the face value of ₹10 per equity share. This payout structure indicates a direct return of capital to shareholders rather than a reinvestment-focused strategy for this period, assuming no other interim dividends were declared in FY26.

Delton Cables has scheduled its 61st Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will be conducted through Video Conferencing and Other Audio Visual Means, as permitted by regulatory circulars.

The company’s Board of Directors has proposed a final dividend of ₹2 per equity share of face value ₹10 each for the financial year 2025-26. This payout is subject to approval by shareholders at the upcoming AGM.

Key Dates and Eligibility

Shareholders on record as of Tuesday, September 22, 2026, will be eligible for the proposed dividend. To facilitate this, the Register of Members and Share Transfer Books will remain closed from September 23, 2026, to September 29, 2026.

Participation and Voting

Members can attend and participate in the AGM remotely via VC/OAVM facilities. Their attendance will count toward determining the quorum under Section 103 of the Companies Act, 2013.

The company has enabled remote e-voting for all business items set out in the AGM notice. Members holding shares in demat or physical mode can cast their votes electronically. Those attending the virtual meeting who have not voted remotely will also have the option to vote during the session.

Dividend Payment Process

In compliance with SEBI regulations, dividends will be paid only in electronic mode. The company will withhold dividend payments until members update their KYC details, including bank account information, with their Depository Participants or the Registrar and Share Transfer Agent, Beetal Financial & Computer Services Pvt. Ltd.

Physical shareholders are advised to update their PAN, nomination choices, contact details, and bank accounts using Form ISR-1. Failure to provide these details may result in delayed dividend disbursement.