Wires & Fabriks declared a dividend of ₹0.10 per equity share for the financial year ended March 31, 2026, during its 69th Annual General Meeting (AGM) held on July 29, 2026. The meeting, conducted via Video Conferencing/Other Audio Visual Means (VC/OAVM), also saw shareholders approve a major restructuring of the company’s top leadership, including changes in designations for three key executives from the Khaitan family.

The AGM commenced at 3:00 p.m. IST and concluded at 3:56 p.m. IST. Dr. Mahendra Khaitan, Managing Director, chaired the proceedings on behalf of Mr. Kishan Kumar Khaitan, Chairman, citing technical difficulties. Dr. Khaitan confirmed that the requisite quorum was present and that all statutory registers, including those of directors and key managerial personnel, were open for inspection. He noted that the auditors’ report contained no adverse remarks or qualifications requiring specific deliberation.

Shareholders transacted six items of business, comprising three ordinary resolutions and three special resolutions. Voting was conducted through remote e-voting via NSDL, with the remote voting period running from July 26, 2026, at 9:00 a.m. to July 28, 2026, at 5:00 p.m. Members unable to vote remotely were provided e-voting facilities during the meeting.

Key Resolutions Passed

The following resolutions were approved by the shareholders:

The re-appointment of Dr. Mahendra Khaitan as a director was processed under ordinary business as he retired by rotation. Simultaneously, special resolutions altered his role from Managing Director to Vice Chairman. Mr. Devesh Khaitan was elevated from Joint Managing Director to Managing Director through a separate special resolution. Mr. Kishan Kumar Khaitan’s tenure as Chairman was renewed via another special resolution.

Compliance and Disclosure

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted the proceedings to the stock exchanges. The detailed voting results and the Scrutinizer’s Report, prepared in accordance with Regulation 44 of SEBI LODR and Section 108 of the Companies Act, 2013, were communicated to the exchanges within the stipulated timeframe. The results are available on the company’s website and NSDL’s portal.

Dr. Khaitan addressed member queries regarding the company’s performance in the last fiscal year and future plans. The Company Secretary, Bishwajit Singh, facilitated the transaction of businesses and confirmed that all resolutions had been put to vote successfully.

Wires & Fabriks (S.A.) Limited has published the e-voting information for its 69th Annual General Meeting (AGM) in newspapers, complying with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fixed July 22, 2026, as the record date to determine shareholder eligibility for a dividend of ₹0.10 per equity share for the financial year ended March 31, 2026. The Register of Members and Share Transfer Books will remain closed from July 23, 2026, to July 29, 2026. The AGM is scheduled for July 29, 2026.

Financial Performance

For the financial year ended March 31, 2026, the company reported a total income of ₹11587.58 lakh and a profit after tax of ₹26.43 lakh. Revenue from operations stood at ₹11544.97 lakh, compared to ₹10902.41 lakh in the previous year. Profit after tax declined from ₹150.33 lakh in the prior year, attributed to higher interest and depreciation costs from a recent expansion project.

Dividend and AGM Details

The Board of Directors recommended a dividend of ₹0.10 per share, amounting to ₹3.06 lacs. The record date for the dividend is July 22, 2026. The book closure is from July 23, 2026, to July 29, 2026. The 69th Annual General Meeting will be held on July 29, 2026. The remote e-voting facility will commence on July 26, 2026, at 9:00 am IST and end on July 28, 2026, at 5:00 pm IST.

Director Reappointments

The Board has proposed the reappointment of three directors subject to shareholder approval. Mr. Kishan Kumar Khaitan is proposed for reappointment as Chairman for five years from April 1, 2027. Dr. Mahendra Khaitan is proposed for reappointment as Vice Chairman for five years from April 1, 2027. Mr. Devesh Khaitan is proposed for reappointment as Managing Director for five years from April 1, 2027.