Delton Cables has scheduled its 61st Annual General Meeting for Tuesday, September 29, 2026. The meeting will be conducted via Video Conferencing or Other Audio Visual Means in compliance with Ministry of Corporate Affairs circulars.

The Board has recommended a final dividend of ₹2 per equity share, representing a 20% payout on the face value of ₹10. This recommendation is subject to shareholder approval at the upcoming meeting. The record date for determining dividend eligibility is fixed as September 22, 2026.

Financial Performance Overview

For the financial year ended March 31, 2026, the company reported revenue from operations of ₹98,637.99 lakh, a significant increase from ₹70,926.41 lakh in the previous year. Net profit for the period stood at ₹1,472.04 lakh, compared to ₹2,051.00 lakh in FY25.

The decline in net profit despite robust top-line growth reflects higher operational expenses and finance costs associated with capacity expansion. Total income rose to ₹98,878.54 lakh, while total expenditure increased to ₹96,891.47 lakh.

What the Numbers Show

Revenue growth outpaced expenditure growth by a narrow margin, resulting in a slight expansion of pre-tax profits before exceptional items. Profit before exceptional items and tax rose to ₹1,987.07 lakh from ₹1,834.69 lakh. However, exceptional items contributed only ₹22.62 lakh in FY26, down significantly from ₹1,026.85 lakh in the prior year, which included a one-time enhanced compensation receipt. This shift highlights a normalization of earnings quality without reliance on large non-recurring gains.

Governance and Appointments

The AGM agenda includes several key governance resolutions:

• Reappointment of Mrs. Shalini Gupta as a Director retiring by rotation.
• Ratification of remuneration for Cost Auditors M/s. MM & Associates for FY27, set at ₹4.50 lakh plus taxes.
• Reappointment of Mr. Abhishek Poddar as a Non-Executive Independent Director for a second five-year term.
• Approval for Mrs. Shriya Gupta and Ms. Isha Gupta to hold offices of profit as Vice Presidents, with remuneration capped at ₹7.50 lakh per month.

Remote e-voting will commence on Saturday, September 26, 2026, at 10:00 am and conclude on Monday, September 28, 2026, at 5:00 pm. Shareholders holding shares as of the cut-off date are eligible to vote electronically.

Shareholder Communication and KYC Updates

In compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, Delton Cables has sent letters to shareholders whose email addresses are not registered with the Company, RTA, or Depository Participants. These letters provide a weblink and QR code to access the Annual Report for FY26.

The company also reminded shareholders that updating PAN, contact details, and nomination information is mandatory under SEBI guidelines. For folios where KYC details are not updated, any payment including dividends will only be made electronically upon furnishing the required information. The Registrar & Share Transfer Agent, Beetal Financial & Computer Services Pvt Ltd., handles these updates.

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.