Dynamic Cables Limited Approves Final Dividend of Rs. 0.50 Per Share
Dynamic Cables Limited announced on Tuesday, May 12, 2026, that its Board of Directors approved the recommendation of a final dividend for the financial year ended March 31, 2026.During the board meeting held on May 12, 2026, the company approved the recommendation of a final dividend of Rs. 0.50 per equity share. The share has a face value of Rs. 10 each, making the proposed dividend equivalent to 5% of the face value.
The dividend recommendation is subject to approval by the shareholders at the ensuing Annual General Meeting (AGM) of the Company.
The company further noted that if the dividend is approved and declared by the shareholders at the AGM, it will be credited or dispatched within 30 days from the date of the AGM.
DYCL Stock Price Movement
As of 2:42 PM, shares of Dynamic Cables Limited are shedding 18.51% in live trading, currently positioned at ₹334.75. The stock saw heavy activity, processing a total volume of 1.86 million shares during the day's 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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.