Delton Cables Ltd — Dividend/Bonus, 30-05-2025: Corp. Action
Delton Cables Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company reported revenue from operations of Rs. 202.23 Cr in the quarter and Rs. 709.26 Cr for the year, showing strong growth compared to the previous year. Profit after tax stood at Rs. 56.38 Cr for the quarter and Rs. 205.10 Cr for the year. The board approved a final dividend of Rs. 2 per share and re-appointed key leadership including the Chairman, Managing Director & CEO, and an independent director, all subject to shareholder approval. The company appointed Mr. Rameshwar Jaiswal as the new CFO following the resignation of Mrs. Sangeeta Tondon. Borrowing powers have been proposed to increase to Rs. 500 Cr, pending shareholder consent. The statutory auditors gave an unmodified opinion on the audited results, confirming sound financial controls. This signals continued operational stability and strategic leadership continuity for shareholders.
