JD Cables Limited has announced the appointment of its Promoter & Managing Director, Mr. Piyush Garodia, as a director in another company, as disclosed to BSE Limited on March 12, 2026.

Appointment Details

The wire, cable, and conductor manufacturer informed the exchange that Mr. Piyush Garodia has consented to serve as a director in Dankuni Industrial Park Development Association. The appointment became effective from March 11, 2026.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which requires listed companies to inform stock exchanges about material events and corporate developments.

JD Cables Limited confirmed that it has received the necessary declarations from Mr. Garodia regarding his interest in the appointment and his non-disqualification status to serve as a director. The company secretary and compliance officer, Swati Mittal, signed the regulatory filing digitally.

Company Background

JD Cables Limited, formerly known as JD Cables Pvt Ltd., operates as a manufacturer of wires, cables, and conductors. The company holds ISO 9001:2015 certification and is listed on BSE Limited with the scrip code JDCABLES/544524.

JD Cables Limited held a board meeting on February 09, 2026, at its registered office in Kolkata, approving several significant corporate decisions that will shape the company's future business direction. The meeting, which commenced at 11:30 A.M. and concluded at 12:05 P.M., addressed key regulatory compliance matters and strategic business expansion plans.

Monitoring Agency Report Approval

The board approved the draft monitoring agency report dated January 28, 2026, issued by CRISIL Ratings Limited. This report, prepared in accordance with SEBI ICDR Regulations 2018, covers the utilization of Initial Public Offering proceeds for the quarter ended December 31, 2025. The approval fulfills the company's regulatory obligations under Regulation 41(2) of SEBI Issue of Capital and Disclosure Requirements Regulations.

Strategic Business Expansion

In a significant strategic move, the board approved the expansion of business activities beyond the company's existing operations. The new main objects will be inserted into Clause III (A) of the company's Memorandum of Association, encompassing a comprehensive range of infrastructure development activities.

Extraordinary General Meeting Schedule

The board approved the notice for an Extraordinary General Meeting to seek shareholder approval for the proposed business expansion. The EGM details are structured as follows:

Regulatory Compliance

The meeting outcomes comply with various regulatory frameworks including the Companies Act 2013, SEBI Listing Regulations, and relevant circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India. The company has enclosed the monitoring agency report for the quarter ended December 31, 2025, with its regulatory filing.

The board's decisions reflect JD Cables Limited's strategic intent to diversify into infrastructure development while maintaining compliance with regulatory requirements. The upcoming EGM will provide shareholders the opportunity to approve these expansion plans, potentially positioning the company for growth in India's infrastructure sector.