Dynamic Cables Appoints New Independent Director and General Manager, Schedules 19th AGM
Dynamic Cables Limited announced several key corporate appointments and operational decisions following its Board of Directors meeting held on June 16, 2026. The board approved the appointment of Mr. Neeraj Bali as an Additional Non-Executive Independent Director and appointed Mr. Rasik Mangal to the role of General Manager - Marketing. Furthermore, the company confirmed the details for its upcoming Annual General Meeting (AGM).The Board meeting addressed matters including appointments, operational structuring, and future shareholder meetings. The appointment of Mr. Neeraj Bali was made based on the recommendation of the Nomination & Remuneration Committee. He will serve as an Additional Non-Executive Independent Director for a term of five years, effective from June 16, 2026. This appointment is subject to the approval of shareholders at the company’s upcoming AGM.
The Board also approved the hiring of Mr. Rasik Mangal as General Manager - Marketing, designating him as a Senior Management Personnel, effective June 16, 2026. Both appointments were based on recommendations from the Nomination & Remuneration Committee and the Audit Committee.
Key Appointments and Profiles
The company detailed the profiles and relationship statuses of both appointees:| Particulars | Mr. Neeraj Bali (Additional Independent Director) | Mr. Rasik Mangal (General Manager - Marketing) |
|---|---|---|
| Role | Additional Non-Executive Independent Director | General Manager - Marketing |
| Effective Date | June 16, 2026 | June 16, 2026 |
| Term/Duration | 5 years (Subject to AGM approval) | Full time employment |
| Brief Profile | Distinguished Indian Army veteran with over four decades of leadership experience in defense and strategy. He has been awarded the Sena Medal and is a noted author and TEDx speaker. | Holds a degree in Management and Operations from New York University (NYU), Stern School of Business, USA. His expertise includes marketing strategy and business development. |
| Relationships | Not related to any existing Directors of the Company. | N/A |
Annual General Meeting and Record Date
In addition to the appointments, the Board confirmed details pertaining to the company’s Annual General Meeting (AGM). The meeting was approved for Tuesday, July 21, 2026, which will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), along with all connected matters.The record date for determining eligible members to receive the dividend for the Financial Year ended March 31, 2026, has been fixed as Friday, July 10, 2026.
DYCL Stock Price Movement
Today, Dynamic Cables Limited shares edged higher on the post-market close, settling at ₹326.80 after surging by 1.93%. The stock saw a volume of 181,317 shares traded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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