Finolex Cables Board Recommends Final Dividend
Finolex Cables Limited (NSE: FINCABLES) has informed the stock exchanges that its Board of Directors, at a meeting held on May 28, 2026, recommended a final dividend of Rs. 9.00 per equity share for the financial year ended March 31, 2026. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting.
Dividend Details
The recommended dividend of Rs. 9 per share represents a payout on the face value of Rs. 10 per share. The company has not yet announced the record date or payment date for the dividend. Typically, the record date is set a few weeks after the board's recommendation, and the dividend is paid within 30 days of shareholder approval.
| Particulars | Details |
|---|---|
| Company | Finolex Cables Ltd. |
| NSE Symbol | FINCABLES |
| Dividend Type | Final Dividend (FY2026) |
| Amount per Share | Rs. 9.00 |
| Face Value | Rs. 10 |
| Board Meeting Date | May 28, 2026 |
| Status | Recommended (subject to shareholder approval) |
What This Means for Investors
For shareholders of Finolex Cables, the recommended final dividend of Rs. 9 per share adds to the total dividend income for the fiscal year. The company had previously paid an interim dividend of Rs. 5 per share in February 2026, making the total dividend for FY2026 at Rs. 14 per share, subject to the final dividend being approved.
Investors should note that the dividend is not yet confirmed. The final approval rests with shareholders at the Annual General Meeting, which is typically held within six months of the financial year-end. Once approved, the company will announce the record date and payment schedule.
About Finolex Cables
Finolex Cables is one of India's leading manufacturers of electrical cables and communication cables. The company has a consistent track record of rewarding shareholders through dividends. The recommended final dividend of Rs. 9 per share reflects the company's commitment to shareholder returns.
The board's decision comes after the company's financial performance for FY2026. While the full-year results have not been detailed in this announcement, the dividend recommendation signals confidence in the company's cash flows and profitability.
Shareholders are advised to keep an eye on the company's official filings for the record date and AGM notice. The dividend will be paid to those shareholders whose names appear in the register on the record date.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should consult their financial advisors before making any investment decisions. The information is based on the company's official exchange filing dated May 28, 2026.