Vindhya Telelinks Limited shareholders approved a dividend of ₹6 per equity share, marking a 60% payout on the face value of ₹10, during the company’s 43rd 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 addressed critical governance matters including the reappointment of key board members and the ratification of auditor remuneration.

The AGM commenced at 3:15 P.M. at the company’s registered office in Rewa, Madhya Pradesh, with Harsh V. Lodha, Non-Executive Chairman, presiding over the proceedings. Seventy members and their authorized representatives attended in person. The requisite quorum was present throughout the meeting. Y.S. Lodha, Managing Director & CEO, Saurabh Chhajer, Chief Financial Officer, and Dinesh Kapoor, Company Secretary, were also present to address shareholder queries alongside Pandanda Kariappa Madappa, Chairman of the Audit Committee.

Key Resolutions Passed

The shareholders passed seven resolutions covering ordinary and special business items. The financial statements for the fiscal year ended March 31, 2026, were adopted without dissent. The dividend declaration stands out as a significant return to shareholders, reflecting the board’s confidence in the company’s cash position.

Board Composition Changes

The meeting marked a transition in the independent director lineup. Harsh Vardhan Lodha was reappointed as a director after retiring by rotation under Section 152(6) of the Companies Act, 2013. In a special resolution, Priya Shankar Dasgupta was reappointed as a Non-Executive Independent Director for a second term of five years, effective from November 21, 2026, to November 20, 2031.

Additionally, Pandanda Kariappa Madappa was appointed as a Non-Executive Independent Director for a first term of five years, effective from May 23, 2026, to May 22, 2031. This appointment strengthens the oversight capabilities of the Audit, Nomination, and Remuneration Committees, where Madappa currently serves as chairman.

Governance and Auditors

The remuneration of Messrs D. Sabyasachi & Co., the company’s Cost Auditors, was ratified at ₹1,00,000 for the financial year ending March 31, 2027. The statutory auditors, Messrs V. Sankar Aiyar & Co., were granted an exemption from attending the AGM through a representative, as authorized by the Board. The secretarial audit was conducted by Messrs R.K. Mishra & Associates, whose representative attended the meeting.

Voting was conducted through a combination of remote e-voting via Central Depository Services (India) Limited (CDSL) and physical ballot polling at the venue. The e-voting period ran from July 31, 2026, to August 2, 2026. The consolidated results were declared by Y.S. Lodha, ensuring transparency in line with SEBI regulations.

Vindhya Telelinks Limited has fixed Friday, July 27, 2026, as the record date to determine member eligibility for its 43rd Annual General Meeting (AGM) and the payment of the final dividend for the financial year 2025-26. The AGM is scheduled to be held on August 3, 2026, at 3.15 P.M. at the Registered Office of the Company at Udyog Vihar, P.O. Chorhata, Rewa - 486 006 (M.P.). This announcement was made pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the company informed that a letter providing the web-link to the Annual Report 2025-26 is being sent to members who have not registered their email addresses, in compliance with Regulation 36(1)(b) of the SEBI Listing Regulations.

Financial Performance

The company's standalone financial results for FY 2025-26 reflect a challenging year, with revenue and profitability declining across key metrics. The following table summarises the standalone and consolidated performance:

The standalone net profit declined sharply to ₹5,278.71 lakhs from ₹11,547.60 lakhs in the previous year. Revenue from operations fell from ₹405,383.41 lakhs to ₹356,628.58 lakhs. The decline was primarily attributed to an 18.04% drop in EPC segment revenue, driven by a slowdown in government capital expenditure under the Uttar Pradesh Jal Jeevan Mission (JJM) project, and a significant increase in finance costs to ₹14,819.15 lakhs from ₹10,178.08 lakhs due to elevated working capital deployment. The Cable segment, however, registered revenue growth of 11.60%, led by strong demand for Solar and Specialty Optical Fibre Cables.

Segment-Wise Performance

The Cable business segment reported revenue from sale of products of ₹88,410.05 lakhs, up from ₹79,221.67 lakhs in the previous year. The EPC business segment saw revenue from operations decline to ₹270,851.23 lakhs from ₹330,486.50 lakhs, reflecting the impact of delayed fund releases under the JJM programme. The company also reported export revenue of ₹4,270.16 lakhs during the year, compared to ₹4,262.79 lakhs in the previous year.

Dividend and AGM Details

The Board of Directors has recommended a final dividend of ₹6.00 per equity share of face value ₹10 each, representing a payout of 60%, compared to ₹16.00 per share (160%) in the previous year. Subject to shareholder approval at the AGM, the total cash outflow on account of dividend will amount to ₹711.05 lakhs, representing 13.47% of the standalone net profit for FY 2025-26. Payment will be made on or before August 31, 2026.