DP Wires Limited has announced a board meeting scheduled for February 14, 2026, to review its quarterly financial performance and address several corporate governance matters. The meeting will be held at the company's registered office located at 16-18A, Industrial Estate, Ratlam, Madhya Pradesh.

Key Agenda Items

The board meeting has been convened under Regulation 29 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, with several important items on the agenda:

Financial Results Review

The primary focus of the meeting will be the consideration and approval of unaudited standalone quarterly financial results for the third quarter of FY26. The results cover the period from October 1, 2025 to December 31, 2025, along with the auditors' reports thereon.

Corporate Governance Matters

The board will address several governance-related items including the approval of related party transactions that have already received Audit Committee approval. The meeting will also grant omnibus approval for all recurring related party transactions for the upcoming financial year 2026-27.

Trading Window Status

As per the company's Code of Conduct for Prevention of Insider Trading, the trading window will continue to remain closed. The notice was signed by Krutika Maheshwari, Compliance Officer and Company Secretary, on February 10, 2026, from the company's Ratlam office.

Company Information

DP Wires Limited operates from its registered office in Ratlam's Industrial Area and is incorporated under CIN: L27100MP1998PLC029523. The company has informed both the National Stock Exchange of India Limited and Bombay Stock Exchange about the scheduled board meeting as per regulatory requirements.

DP Wires Limited , a prominent player in the wire manufacturing industry, has released its financial results for the second quarter of the fiscal year 2025-2026, alongside significant changes in its executive compensation structure.

Financial Performance

The company reported a quarterly profit of ₹119.50 lakhs for the period ended September 30, 2025. This figure comes from the unaudited financial results approved by the Board of Directors in their recent meeting.

Revision in Director Remuneration

In a notable development, the Board of Directors has approved a reduction in the annual remuneration for two key executives:

This revision represents a significant 28.57% reduction in the annual compensation for both directors, aligning with the company's financial prudence measures.

Board Meeting Details

The Board of Directors convened on November 14, 2025, at the company's Industrial Estate in Ratlam, Madhya Pradesh. The meeting, which commenced at 7:50 PM and concluded at 8:35 PM, addressed several key agenda items:

1. Approval of unaudited financial results for Q2 and H1 FY2025-26
2. Review and approval of the Limited Review Report from auditors
3. Revision of remuneration for the Managing Director and Whole-time Director

Auditor's Review

The financial results have undergone a limited review by the company's independent auditors, Dilip K. Neema & Associates, Chartered Accountants. The review was conducted in accordance with the Standard on Review Engagements (SRE) 2410, as mandated by the Institute of Chartered Accountants of India.

Compliance and Disclosure

DP Wires Limited has submitted these results and decisions in compliance with Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency ensures that shareholders and potential investors have access to the latest financial and operational updates of the company.

The company's proactive approach in revising executive compensation, coupled with its timely financial reporting, demonstrates its commitment to corporate governance and financial responsibility in the face of evolving market conditions.