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Vindhya Telelinks Ltd is engaged in manufacturing and sale of Cables (comprising of telecommunication cables, other types of wires & cables, FRP rods/ glass rovings, etc.) and Engineering, Procurement & Construction (EPC) business.
Vindhya Telelinks issued a correction: Independent Director Shri Priya Shankar Dasgupta's re-appointment for a second term did not pass. The company clarified that its previous interpretation of voting rules was incorrect; a higher majority was required for re-appointments. Board composition remains compliant.
Vindhya Telelinks secured an "Adequate" ESG rating (CRISIL ESG 58) from CRISIL, an independent assessment of its environmental, social, and governance performance.
Vindhya Telelinks received a "Strong" ESG rating of 62 from an independent firm. This positive assessment, based on public data, signals robust environmental, social, and governance practices, appealing to sustainability-focused investors.
Vindhya Telelinks Q1 net profit rose 34.5% to ₹28.10 Cr. Cable segment saw strong growth, benefiting from the optical connectivity super-cycle. EPC faced ₹733 Cr project delays but secured a new ₹475 Cr smart lighting order. Order book stands at ₹4,850 Cr.
Vindhya Telelinks reported results, proposing a Rs 6/share dividend. Plans include a Rs 200 Cr fundraise & Rs 101.70 Cr OFC capacity expansion. Cable segment is robust; EPC faces delays. Birla Cable merger approved. Note: Consolidated results exclude three subsidiaries amid legal disputes.