Universal Cables (UNIVCABLES) — Corporate Action

Universal Cables Limited recommended a dividend of Rs. 4.50 per share (45% of face value) for FY 2025-26, subject to shareholder approval at the 81st AGM, alongside approving a Rs. 73 crore technological upgrade for its Satna facility and a Rs. 200 crore private placement of non-convertible debentures. The company also announced the retirement of Director Shri Bachh Raj Nahar effective June 13, 2026, due to age regulations, and appointed Shri Ajay Kumar Sharma as Company Secretary and Chief Compliance Officer effective May 23, 2026. The dividend payment will occur within 30 days of declaration, with tax deducted at source as per the Income Tax Act, 2025.

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About Universal Cables Limited (UNIVCABLES)

Capital Goods · Cables · Listed on NSE

Market Cap: ₹5,696.29 Cr P/E: 28.5 ROE: 10.6% ROCE: 12.5% Div Yield: 0.27%

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