Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dynamic Cables Limited

Meeting Details

The 19th AGM was held on Tuesday, July 21, 2026 at 02:00 P.M. through Video Conferencing/Other Audio-Visual Means in accordance with the Companies Act, 2013 and relevant circulars from MCA and SEBI.

Proposed Resolutions and Implications

The following seven resolutions were proposed for shareholder approval:

Ordinary Business:

1. To adopt the Audited Financial Statements for FY ended March 31, 2026 with reports of Board of Directors and Auditors

2. To declare final dividend of ₹0.50 per equity share for FY 2025-26

3. To reappoint Mr. Rahul Mangal (DIN: 01591411) who retires by rotation

Special Business:

4. To appoint Mr. Neeraj Bali (DIN: 07987362) as Independent Director (Non-Executive)

5. To approve Material Related Party Transactions with Mr. Rasik Mangal, General Manager, Marketing

6. To increase the borrowing limits of the Company

7. To ratify remuneration of Cost Auditors for FY ending March 31, 2027

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting from July 17, 2026 (10:00 AM) to July 20, 2026 (05:00 PM)
  • E-voting facility at the AGM for shareholders present through VC/OAVM who hadn't voted remotely
  • Bigshare Services Private Limited served as the service provider for both remote e-voting and e-voting at AGM
  • The cut-off date for determining voting eligibility was July 14, 2026

Key Voting Outcomes

Total Shareholding Structure:

  • Total shares: 4,84,58,638
  • Promoter & Promoter Group: 3,30,39,698 shares (68.18%)
  • Public Institutions: 9,37,871 shares (1.93%)
  • Public Non-Institutions: 1,44,81,069 shares (29.89%)

Overall Participation:

  • Total votes cast: 3,40,55,838 shares (70.28% of outstanding shares)
  • 40 folios participated in voting
  • All resolutions were passed with requisite majority

Resolution-wise Results:

1. Adoption of Financial Statements - Ordinary Resolution

  • Total votes: 3,40,55,838 (70.28% participation)
  • In favor: 100.00% (3,40,55,838 shares)
  • Against: 0.00% (0 shares)

2. Final Dividend Declaration - Ordinary Resolution

  • Total votes: 3,40,55,838 (70.28% participation)
  • In favor: 99.99996% (3,40,55,826 shares)
  • Against: 0.00004% (12 shares)
  • All 12 against votes came from Public Non-Institutions category

3. Reappointment of Mr. Rahul Mangal - Ordinary Resolution

  • Total votes: 3,40,55,838 (70.28% participation)
  • In favor: 100.00000% (3,40,55,837 shares)
  • Against: 0.00000% (1 share)
  • The single against vote came from Public Non-Institutions category

4. Appointment of Mr. Neeraj Bali - Special Resolution

  • Total votes: 3,40,55,838 (70.28% participation)
  • In favor: 100.00000% (3,40,55,837 shares)
  • Against: 0.00000% (1 share)
  • The single against vote came from Public Non-Institutions category

5. Related Party Transactions - Ordinary Resolution

  • Total votes: 10,36,140 (2.14% participation)
  • In favor: 88.80064% (9,20,099 shares)
  • Against: 11.19936% (1,16,041 shares)
  • Promoter group abstained from voting (0 shares voted)
  • Public Institutions: 5.42% in favor, 94.58% against
  • Public Non-Institutions: 99.99551% in favor, 0.00449% against

6. Increase Borrowing Limits - Special Resolution

  • Total votes: 3,40,55,838 (70.28% participation)
  • In favor: 99.99997% (3,40,55,827 shares)
  • Against: 0.00003% (11 shares)
  • All 11 against votes came from Public Non-Institutions category

7. Ratify Cost Auditor Remuneration - Ordinary Resolution

  • Total votes: 3,40,55,838 (70.28% participation)
  • In favor: 100.00000% (3,40,55,837 shares)
  • Against: 0.00000% (1 share)
  • The single against vote came from Public Non-Institutions category

Scrutinizer's Role and Findings

CS Priyanka Agarwal of V.M. & Associates was appointed as scrutinizer for the voting process. Key findings:

  • The company had 51,026 shareholders as of June 19, 2026
  • Notice was dispatched via email to 49,933 members and by post to 1,093 members without email registration
  • Advertisement was published in Financial Express (English) and Business Remedies (vernacular) on June 23, 2026
  • No shareholder voted both through remote e-voting and at AGM
  • Invalid votes (62,722 shares across various resolutions) were excluded from counting
  • All electronic voting records are preserved for handover to the Company Secretary

Compliance Confirmation

The voting was conducted in compliance with:

  • Section 108 of Companies Act, 2013
  • Rule 20 of Companies (Management and Administration) Rules, 2014
  • SEBI LODR Regulations, 2015
  • MCA circulars regarding AGM conduct through VC/OAVM