JD Cables Approves Draft Monitoring Agency Report Following Board Meeting

JD Cables Approves Draft Monitoring Agency Report Following Board Meeting

JD Cables Approves Draft Monitoring Agency Report Following Board Meeting​

JD Cables Ltd, a manufacturer of Wires, Cables & Conductors, announced that its Board of Directors met on Monday, April 20, 2026, and approved the draft Monitoring Agency Report for the quarter ended March 31, 2026.

The Board meeting took place at the registered office of the Company in Bidhannagar, Kolkata. The proceedings began at 12:30 P.M. and concluded at 01:00 P.M.

During the meeting, the Board approved the draft Monitoring Agency Report dated April 9, 2026, which was issued by CRISIL Ratings Limited. This report is relevant to the utilization of proceeds from the Company's Initial Public Offering (IPO).

The comprehensive monitoring report was reviewed and subsequently taken on record by the Audit Committee on the same day, April 20, 2026, at 11:00 A.M.

The material details of the approval are as follows:

DetailSpecification
CompanyJD Cables Ltd (Formerly Known as JD Cables Pvt Ltd)
Board Meeting DateApril 20, 2026
Document ApprovedDraft Monitoring Agency Report
Issuing AgencyCRISIL Ratings Limited
Report DateApril 9, 2026
Reporting PeriodQuarter ended March 31, 2026
PurposeUtilization of Initial Public Offering (IPO) proceeds

The Managing Director of the Company is Piyush Garodia. JD Cables Ltd maintains its manufacturing operations at Ward No.1, Chakundi, Star Battery Gate, Dankuni, Hooghly - 712310.

Stock Price Movement​

As of 13:08, JD Cables Ltd shares are ticking up, currently trading at ₹200.00, representing a strong 1.52% gain. The stock has shown resilience today, successfully traversing its intraday range between a low of ₹197.00 and a high of ₹201.00.

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