Cords Cable Industries Limited has dispatched communication letters to shareholders regarding the Final Dividend for the Financial Year 2025-26, pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Dividend Declaration and Details
The company declared a Final Dividend of ₹1.20 per equity share of ₹10 each for FY 2025-26 at the 35th Annual General Meeting held on Monday, September 28, 2026. The dividend was payable to shareholders whose names appeared in the Register of Members and beneficial owners list as of the close of business hours on Monday, September 21, 2026.
Payment Status and Specific Cases
The dispatch included two types of communications:
1. Intimation of Payment of Final Dividend: Successful payments made through NACH/Direct Credit/NEFT/RTGS
2. Intimation Regarding Non-Payment of Final Dividend: Payments withheld due to incomplete/incorrect bank details or non-updating of KYC
Specific Non-Payment Cases Detailed:
Case 1:
- Folio No./DPID-CLID: 0003718
- Number of Shares: 1
- Gross Dividend Amount: ₹1.20
- Total Tax: ₹0.00
- Net Dividend Amount: ₹1.20
Case 2:
- Folio No./DPID-CLID: 1203320009167442
- Number of Shares: 14
- Gross Dividend Amount: ₹16.80
- Total Tax: ₹0.00
- Net Dividend Amount: ₹16.80
Shareholder Instructions
Shareholders with unpaid dividends are requested to update their PAN, KYC details, and banking information by submitting relevant documents (Forms ISR-1, ISR-2) to MUFG Intime India Private Limited, the company's Registrar and Share Transfer Agent.
IEPF Implications
As per Sections 124 and 125 of the Companies Act, 2013, dividend amounts remaining unclaimed/unpaid for 7 years will be transferred to the Investor Education and Protection Fund (IEPF). Equity shares with unpaid dividends for 7 consecutive years will also be transferred to IEPF.
Tax Treatment
Dividend is taxable in the hands of shareholders with TDS deducted at prevailing rates for amounts exceeding ₹10,000 during the financial year. TDS certificates will be available 15 days after filing quarterly returns.