Relicab Cable Manufacturing Limited has issued a clarification to BSE Limited regarding significant movement in its share price, stating that the volatility is purely market-driven with no undisclosed material information affecting the stock's performance.

Company's Response to BSE Inquiry

The cable manufacturing company responded to BSE's observation dated December 19, 2025, which sought clarification on unusual price and volume behavior in the company's scrip. In its communication dated January 30, 2026, the company emphasized that it has made all necessary disclosures pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Market-Driven Price Movement

The company categorically stated that it has not withheld any material information, announcements, or impending announcements that could influence the stock's price or volume behavior. Management attributed the significant movement in share price and volume to prevailing market conditions, emphasizing that the fluctuations are market-driven rather than company-specific developments.

Regulatory Compliance Commitment

Relicab Cable Manufacturing reiterated its commitment to transparency and regulatory compliance. The company assured stakeholders that it will continue to inform stock exchanges about any price-sensitive information as required under listing regulations. This commitment underscores the company's adherence to disclosure norms and its responsibility toward investor protection.

The clarification was signed by Suhir Hiralal Shah, Managing Director and CFO, with DIN 02420617, and was digitally authenticated as per regulatory requirements. The communication serves to address investor concerns while maintaining transparency about the company's disclosure practices.

Relicab Cable Manufacturing Limited , a prominent player in the wires and cables industry, has announced significant changes to its board composition and conducted its 16th Annual General Meeting (AGM). The company, known for its ISI marked PVC wires, cables, and allied products, has taken steps to strengthen its leadership team and ensure compliance with regulatory requirements.

Board Appointments

The company has appointed three new directors, as approved by its members on September 30, 2025:

1. Mr. Abdul Hafiz Shaikh (DIN: 11259242) - Appointed as a Non-Executive Independent Director for a five-year term from September 1, 2025, to August 31, 2030. Mr. Shaikh, a Science Graduate, brings experience in strategic initiatives and ethical business practices to the board.

2. Mr. Kanhaiyalal Hawaldar Yadav (DIN: 11259160) - Also appointed as a Non-Executive Independent Director for the same five-year term. Mr. Yadav has over 10 years of experience in sales and business development, with expertise in converting market opportunities and maintaining client relationships.

3. Ms. Vijaya Bhikaji More (DIN: 07283800) - Appointed as a Non-Executive Non-Independent Director. Ms. More, aged 54, is a 1993 Mumbai University graduate with more than 20 years of experience in Finance & Management.

The company has confirmed that all three directors meet the criteria for independence as per Section 149(6) of the Companies Act, 2013, and Regulation 16(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, where applicable.

16th Annual General Meeting

Relicab Cable Manufacturing Limited held its 16th AGM on September 30, 2025, at 3:00 PM IST through Video Conferencing (VC) / Other Audio Visual Means (OAVM). Key highlights of the AGM include:

• The meeting was chaired by Mr. Suhir Shah, Managing Director & CFO.
• Other board members present included Mr. Kanhaiyalal Hawaldar Yadav, Mr. Abdul Hafiz Shaikh, and Ms. Vijaya More.
• A total of 34 members attended the meeting through VC/OAVM.
• The company's statutory auditors, M/s. Jain Jagawat Kamdar & Co., and secretarial auditors, M/s. Shah Patel & Associates, were also present.

Key Resolutions Passed

The AGM addressed several important matters through seven resolutions:

1. Adoption of audited financial statements for the year ended March 31, 2025.
2. Re-appointment of Mr. Suhir Shah as a director liable to retire by rotation.
3. Appointment of Mr. Abdul Hafiz Shaikh as an Independent Director.
4. Appointment of Mr. Kanhaiyalal Hawaldar Yadav as an Independent Director.
5. Appointment of Ms. Vijaya Bhikaji More as a Non-Executive Non-Independent Director.
6. Appointment of M/s. Shah Patel and Associates as Secretarial Auditors.
7. Approval of proposed Related Party Transactions.

The company provided remote e-voting facilities to its shareholders from September 27 to September 29, 2025, and also allowed e-voting during the AGM for 15 minutes after the meeting concluded.

These appointments and resolutions reflect Relicab Cable Manufacturing Limited's commitment to strengthening its corporate governance and adapting to the evolving business landscape. The diverse experience of the new directors is expected to bring fresh perspectives to the company's strategic direction and operations.

The meeting concluded at 3:25 PM, with e-voting remaining open until 3:40 PM. The company has stated that the detailed voting results and the Scrutinizer's Report will be submitted to the stock exchanges shortly.