Polycab India Limited — Board Meeting, 06-05-2025: Outcome of Board Meeting

Polycab has announced a board meeting on which it approved the audited consolidated financial results for the quarter and year ended March 31, 2025, with clean auditor opinions. The board proposed a strong final dividend of ₹35 per share (350%) for FY25, subject to shareholder nod. It approved allotment of 1,89,503 shares under its ESOP, slightly boosting equity capital. The board also cleared a merger plan for its wholly-owned subsidiary, Uniglobus Electricals, effective April 1, 2025, pending approvals. Ernst & Young LLP and R. Nanabhoy & Co. continue as internal and cost auditors, with BNP & Associates onboarded as secretarial auditors for five years.