Vindhya Telelinks confirms no encumbrance on Birla Corp shares for FY26

Vindhya Telelinks Limited has confirmed that no encumbrance was created on the equity shares held by it and other promoter group entities in Birla Corporation Limited for the financial year ended March 31, 2026. This disclosure, submitted to the stock exchanges on April 4, 2026, under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, covers a total promoter shareholding of 48,434,191 shares, representing 62.90% of the equity share capital. The declaration was signed by Company Secretary Dinesh Kapoor and addressed to the Corporate Relationship Department of BSE Ltd and the Listing Department of NSE.

The filing relies on the factual position that no intimation regarding any encumbrance was received from the specified entities. Vindhya Telelinks acted for itself and on behalf of its three wholly owned subsidiary companies: August Agents Limited, Insilco Agents Limited, and Laneseda Agents Limited. The submission includes a detailed annexure listing the shareholding of all promoters in Birla Corporation Limited.

According to the annexure, the largest shareholder among the promoters is Hindustan Medical Institution, holding 7,159,460 shares (9.30%), followed by Vindhya Telelinks Limited with 6,380,243 shares (8.29%). Other significant shareholders include August Agents Limited (7.81%), Insilco Agents Limited (7.80%), and Laneseda Agents Limited (7.78%). The list also includes entities such as Eastern India Educational Institution and Belle Vue Clinic.

The following table details the shareholding of the promoters as disclosed in the filing:

Name of Shareholder	Entity Type	No. of Shares	Shareholding %
Hindustan Medical Institution	Promoter	7159460	9.30
Vindhya Telelinks Limited	Promoter	6380243	8.29
August Agents Limited	Promoter	6015912	7.81
Insilco Agents Limited	Promoter	6004080	7.80
Laneseda Agents Limited	Promoter	5994680	7.78
The Punjab Produce & Trading Company Private Limited	Promoter	4520572	5.87
Punjab Produce Holdings Limited	Promoter	3665407	4.76
Eastern India Educational Institution	Promoter	3361200	4.36
Gwalior Webbing Company Private Limited	Promoter	1775200	2.31
Mazbat Tea Estate Limited	Promoter	1467689	1.91
Baroda Agents & Trading Company Private Ltd.	Promoter	914355	1.19
Universal Cables Limited	Promoter	296730	0.39
Hindustan Gum & Chemicals Ltd.	Promoter	270000	0.35
Belle Vue Clinic	Promoter	175148	0.23
South Point Foundation	Promoter	140000	0.18
Shreyas Medical Society	Promoter	117740	0.15
M.P. Birla Foundation Educational Society	Promoter	100100	0.13
East India Investment Company Private Limited	Promoter	73475	0.10
Representatives of the Estate of the Deceased Priyamvada Devi Birla	Promoter	1260	0.00
Birla Cable Limited	Promoter	280	0.00
Birla Financial Corporation Ltd.	Promoter	280	0.00
Express Dairy Company Limited	Promoter	280	0.00
M.P. Birla Institute of Fundamental Research	Promoter	100	0.00
Total		48434191	62.90

The declaration further noted that no encumbrance was made by promoter group entities with nil shareholding, including Canberra Traders Pvt. Ltd., Trilochan Vyapaar Pvt. Ltd., and Syensqo-India Holding Inc. The document has been submitted for the records of the stock exchanges and the Audit Committee of Birla Corporation Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.12%	+7.92%	+15.32%	+35.13%	+105.26%	+526.63%

Universal Cables Limited has reported its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company recorded its highest-ever turnover of ₹3,022.67 crores for FY 2025-26, representing a growth of 25.50% compared to the previous year. The standalone net profit for the year stood at ₹96.53 crores, marking an increase of 68.52% year-on-year.

Financial Performance

The revenue from operations for the fourth quarter ended March 31, 2026, was ₹840.27 crores, up from ₹674.03 crores in the corresponding quarter of the previous year. The standalone Profit After Tax (PAT) for Q4 FY26 was ₹21.75 crores, compared to ₹27.0 crores in the same quarter of the previous year. On a consolidated basis, the net profit for the year rose to ₹163.11 crores from ₹89.39 crores in the previous fiscal year. The EBITDA margin improved to 9.60% during FY 2025-26 from 8.40% in the previous year.

The Q4 EBITDA stood at ₹68.9 crores, up from ₹61.8 crores in the corresponding quarter of the previous year. However, the Q4 EBITDA margin contracted to 8.20% from 9.17% on a year-on-year basis. The following table summarises the key standalone financial metrics for the full year and Q4:

Metric:	FY 2025-26	FY 2024-25	Q4 FY26	Q4 FY25
Revenue from Operations (₹ crores):	3,022.67	2,408.39	840.27	674.03
Net Profit / PAT (₹ crores):	96.53	57.28	21.75	27.00
EBITDA (₹ crores):	288.96	202.42	68.90	61.80
EBITDA Margin (%):	9.60	8.40	8.20	9.17
Profit Before Tax (₹ crores):	135.13	71.25	—	—

Dividend and Fund Raising

The Board of Directors has recommended a dividend of ₹4.50 per share (45%) for FY 2025-26, subject to shareholder approval. Additionally, the board approved raising funds up to ₹200 crores through the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. A "Debenture Issue & Allotment Committee" has been constituted to facilitate this process.

Strategic Expansion and Appointments

The company is progressing with its capacity expansion project, with an estimated capital outlay of ₹550 crores. The board also approved a technological upgradation plan for the EHV Cable facility at Satna with an outlay of approximately ₹73 crores. In management changes, Shri Ajay Kumar Sharma was appointed as the Company Secretary and Chief Compliance Officer effective May 23, 2026. The board also noted the cessation of Shri Bachh Raj Nahar as a Director effective June 13, 2026.