Finolex Cables Limited
Finolex Cables Limited is a leading manufacturer of electrical and telecommunication cables in India. Operating for more than 50 years, Finolex has been able to maintain its leadership position as one of the most diversified wires and cables companies in the country.
What Finolex files
- Others57
- Investor Meet25
- Important13
- Updates12
- PPTs8
- Board Meeting8
Company announced its 58th AGM. The Board previously proposed a Rs. 9/share (450%) dividend for FY26, subject to shareholder approval. A record date for dividend entitlement has been fixed.
Finolex Cables' board proposed a Rs. 9/share dividend for FY26, subject to shareholder approval. The company released detailed guidelines for Tax Deducted at Source (TDS), urging investors to submit required documents for proper tax application.
Finolex Cables received an order from a tax authority for E-way bill non-compliance. A demand of Rs. 1.30 Lakh, including tax, interest, and penalty, was levied. The company stated this has no major operational impact and can appeal.
Finolex Cables has authorized its CEO and new CFO, Sachin Naik, to determine the materiality of events for stock exchange disclosures. This streamlines governance and enhances transparency for investors.
Finolex Cables is contacting physical shareholders to update KYC/nomination details and claim unpaid dividends. This proactive step helps ensure regulatory compliance and facilitates shareholders accessing their entitlements.