Dynamic Cables MD, chairman, board of directors and AGM
NSE: DYCLBSE: 540795Industrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹371.25.
- Next results date: the board meets on 27 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,694 Cr1,278th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 27 Jul 2026
- 18.6
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 12 May 2026
- 3.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.14%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 27 Jul 2026
- 21.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 27 Jul 2026
- 25.8%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 12 May 2026
- 0.09
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 5,84,80150.7% delivered
Dynamic Cables board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonRahul MangalRelated to the promoter
- Managing directorAshish Mangal
- Company Secretary and Compliance OfficerNaina Gupta
8 directors5 independent1 executive2 non-executive
- Rahul Mangal · ChairpersonNon-executive · joined Apr 2007 · reappointed Jul 2017 · 2 listed boards · 1 committee seat
- Ashish Mangal · Managing directorExecutive · joined Apr 2007 · reappointed Jul 2025 · 2 listed boards · 2 committee seats, 1 as chair
- Sumer Singh PuniaNon-executive · joined Feb 2021 · reappointed Feb 2021 · 2 listed boards
- Ashok Kumar BhargavaIndependent · joined Nov 2017 · reappointed Nov 2022 · 104 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 2 as chair
- Saurav GuptaIndependent · joined Jun 2018 · reappointed Jun 2023 · 96 months as independent · 2 listed boards · 1 as independent · 4 committee seats
- Shweta JainIndependent · joined Jun 2022 · reappointed Jun 2022 · 48 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Bharat MoossaddeeIndependent · joined Jan 2023 · reappointed Jan 2023 · 49 months as independent · 1 listed board · 1 as independent · 1 committee seat
- Neeraj BaliIndependent · joined Jun 2026 · reappointed Jun 2026 · 0 months as independent · 1 listed board · 1 as independent
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 16 Jun 20265 of 7 present2 independent · 34 days in between
- 12 May 20266 of 7 present3 independent · 104 days in between
- 27 Jan 20267 of 7 present4 independent
Audit Committee
Chair Ashok Kumar Bhargava
Saurav Gupta, Shweta Jain, Rahul Mangal, Bharat Moossaddee
- 16 Jun 20263 of 5 present2 independent · 34 days in between
- 12 May 20264 of 5 present3 independent · 104 days in between
- 27 Jan 20265 of 5 present4 independent
Nomination and remuneration committee
Chair Bharat Moossaddee
Ashok Kumar Bhargava, Rahul Mangal, Saurav Gupta
- 16 Jun 20263 of 4 present2 independent · 139 days in between
- 27 Jan 20264 of 4 present3 independent
Stakeholders Relationship Committee
Chair Ashok Kumar Bhargava
Saurav Gupta, Shweta Jain
- 27 Jan 20263 of 3 present3 independent
Corporate Social Responsibility Committee
Chair Rahul Mangal
Ashish Mangal, Ashok Kumar Bhargava
- 12 May 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- A Bafna & coPeer-review certificate valid to Apr 2027
1 earlier auditor
- A BAFNA AND CONamed in the filing for the quarter to Jun 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Dynamic Cables AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Dynamic Cables dividend history
Annual general meeting, 21 Jul 2026
51,737 shareholders on the register on 14 Jul 2026; present: 12 promoters and 28 others; votes counted by CS Priyanka Agarwal / V. M. & Associates.The company's voting result (opens in a new tab)
- To adopt the Audited Financial Statements of the Company for the financial year ended on March 31, 2026 together with the reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.28% · promoters 99.94% · institutions 13.08% · other public 6.31%
- To declare final dividend of Rs. 0.50/- per Equity share for the Financial year ended March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.28% · promoters 99.94% · institutions 13.08% · other public 6.31%
- To appoint a director in place of Mr. Rahul Mangal (DIN: 01591411) who retires by rotation and being eligible, offers himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.28% · promoters 99.94% · institutions 13.08% · other public 6.31%
- To Appoint Mr. Neeraj Bali (DIN: 07987362) as an Independent Director (Non-Executive) of the companySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.28% · promoters 99.94% · institutions 13.08% · other public 6.31%
- To Approve Material Related Party Transactions with Mr. Rasik Mangal, General Manager, MarketingOrdinaryPromoters have an interest in it88.80% for11.20% against
Against: promoters 0.00% · institutions 94.58% · other public 0.00%
Turnout: all 2.14% · promoters 0.00% · institutions 13.08% · other public 6.31%
- To increase the borrowing limits of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.28% · promoters 99.94% · institutions 13.08% · other public 6.31%
- To ratify the remuneration of Cost Auditors for the financial year ending March 31, 2027Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.28% · promoters 99.94% · institutions 13.08% · other public 6.31%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 30 Jun 2025, 8 resolutions
46,594 shareholders on the register on 23 Jun 2025; present: 12 promoters and 35 others; votes counted by CS Priyanka Agarwal / V. M. & Associates.The company's voting result (opens in a new tab)
- To adopt the Audited Financial Statements of the Company for the financial year ended on March 31, 2025 together with the reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.23% · promoters 100.00% · institutions 0.51% · other public 7.05%
- To declare final dividend of Rs. 0.50/- per Equity Shares for the Financial Year ended March 31, 2025.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 70.23% · promoters 100.00% · institutions 0.51% · other public 7.05%
- To appoint a director in place of Mr. Sumer Singh Punia (DIN: 08393562) who retires by rotation and being eligible, offer himself for re-appointment.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.23% · promoters 100.00% · institutions 0.51% · other public 7.05%
- To re-appoint Mr. Ashish Mangal (DIN: 00432213) as Managing Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.23% · promoters 100.00% · institutions 0.51% · other public 7.05%
- To appoint M/s. V. M. & Associates, Company Secretaries, Jaipur (Firm Registration No. P1984RJ039200) as Secretarial Auditor of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.23% · promoters 100.00% · institutions 0.51% · other public 7.05%
- To increase the Authorised Share Capital of the Company and consequent alteration of the Capital Clause of the Memorandum of Association of the Company.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.29% · promoters 100.00% · institutions 0.51% · other public 7.25%
- To Issue Bonus SharesOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.29% · promoters 100.00% · institutions 0.51% · other public 7.25%
- To ratify the remuneration of Cost Auditors for the financial year ending March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 70.23% · promoters 100.00% · institutions 0.51% · other public 7.05%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 8 Dec 2024, 3 resolutions
The company's voting result (opens in a new tab)
- To consider and approve the adoption and implementation of “DYNAMIC CABLES LIMITED - EMPLOYEE STOCK OPTION PLAN 2024”Special97.12% for2.88% against
Against: promoters 0.00% · institutions 100.00% · other public 0.14%
Turnout: all 71.86% · promoters 99.30% · institutions 54.91% · other public 7.46%
To extend approval of “DYNAMIC CABLES LIMITED- EMPLOYEE STOCK OPTION PLAN 2024” to the employees of Holding Company, its Subsidiary Company (ies) and/ or Associate Company(ies), Group Company(ies) [present and future]MoreLess
Special97.13% for2.87% againstAgainst: promoters 0.00% · institutions 100.00% · other public 0.07%
Turnout: all 71.86% · promoters 99.30% · institutions 54.91% · other public 7.46%
Grant of Options equal to or exceeding one per cent (1%) but not exceeding four per cent (4%) of the issued capital of the Company during any one year to identified Employees under “DYNAMIC CABLES LIMITED - EMPLOYEE STOCK OPTION PLAN 2024”MoreLess
Special97.12% for2.88% againstAgainst: promoters 0.00% · institutions 100.00% · other public 0.17%
Turnout: all 71.86% · promoters 99.30% · institutions 54.91% · other public 7.46%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 31 Jul 2024, 4 resolutions
Present: 9 promoters and 35 others.The company's voting result (opens in a new tab)
- To adopt the Audited Financial Statements of the Company for the financial year ended on March 31, 2024 together with the reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 75.08% · promoters 99.98% · institutions 0.00% · other public 2.53%
- To appoint a director in place of Mr. Rahul Mangal (DIN: 01591411) who retires by rotation and being eligible, offers himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 75.08% · promoters 99.98% · institutions 0.00% · other public 2.53%
- To declare final dividend of Rs. 0.50/- per Equity share for the Financial year ended March 31, 2024.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 75.08% · promoters 99.98% · institutions 0.00% · other public 2.53%
- To ratify the remuneration of Cost Auditors for the financial year ending March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 75.08% · promoters 99.98% · institutions 0.00% · other public 2.53%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 12 Jun 2024, 2 resolutions
Present: 7 promoters and 29 others.The company's voting result (opens in a new tab)
- INCREASE IN THE AUTHORISED SHARE CAPITAL AND CONSEQUENT ALTERATION OF CAPITAL CLAUSE OF MEMORANDUM OF ASSOCIATION OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 75.10% · promoters 100.00% · institutions 0.00% · other public 2.56%
- ISSUANCE OF EQUITY SHARES OF THE COMPANY BY WAY OF PREFERENTIAL ISSUE, SUBJECT TO SUCH APPROVALS AS MAY BE REQUIRED UNDER APPLICABLE LAWSSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 75.10% · promoters 100.00% · institutions 0.00% · other public 2.56%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 9 Aug 2023, 7 resolutions
Present: 9 promoters and 23 others.The company's voting result (opens in a new tab)
- To adopt the audited Financial Statements of the company for the financial year ended March 31, 2023 together with the reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.80% · promoters 100.00% · institutions 100.00% · other public 0.86%
- To appoint a director in place of Mr. Sumer Singh Punia (DIN: 08393562) who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.81% for0.19% against
Against: promoters 0.00% · institutions 100.00% · other public 0.01%
Turnout: all 74.80% · promoters 100.00% · institutions 100.00% · other public 0.86%
- To declare final dividend of Rs. 0.50/- per Equity share for the Financial year ended March 31, 2023.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.80% · promoters 100.00% · institutions 100.00% · other public 0.86%
- To Appoint Statutory Auditors and fix their remunerationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.80% · promoters 100.00% · institutions 100.00% · other public 0.86%
- To ratify the remuneration of Cost Auditors for the financial year ending March 31, 2024.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 74.80% · promoters 100.00% · institutions 100.00% · other public 0.86%
- To increase the overall maximum managerial remuneration limit of the company.Special99.81% for0.19% against
Against: promoters 0.00% · institutions 100.00% · other public 0.53%
Turnout: all 74.80% · promoters 100.00% · institutions 100.00% · other public 0.86%
- To increase payment of managerial remuneration to Mr. Ashish Mangal (DIN: 00432213), Managing Director in excess of the limits prescribed.SpecialPromoters have an interest in it99.81% for0.19% against
Against: promoters 0.00% · institutions 100.00% · other public 0.71%
Turnout: all 74.80% · promoters 100.00% · institutions 100.00% · other public 0.86%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 16 Apr 2023, 1 resolution
The company's voting result (opens in a new tab)
- To seek approval under section 180(1)(a) of the Companies Act, 2013 to sell, lease or dispose of the undertakings of the CompanySpecial99.67% for0.33% against
Against: promoters 0.00% · institutions 100.00% · other public 57.79%
Turnout: all 73.41% · promoters 98.18% · institutions 100.00% · other public 0.98%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 22 Dec 2022, 1 resolution
The company's voting result (opens in a new tab)
- To approve the appointment of Mr. Bharat Moossaddee (DIN: 02166403) as an Independent Director (Non-Executive) of the companySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 6.01%
Turnout: all 74.63% · promoters 100.00% · institutions 61.14% · other public 0.53%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeAssessment Unit, Income Tax DepartmentSince 16 May 2023Appeal had been filed, Pending for hearing.
At the filing before: Order passed under section 147 read with section 148 of the Income tax Act for the tax demand amounting Rs.265.31 Lakhs for A.Y. 2016-17.Appeal has filed before the Commissioner of Income Tax (Appeals).MoreLess
- Tax disputeOffice Of The Superintendent Central Goods And Service Tax Range II Division A JaipurSince 9 Oct 2023Appeal had been filed, Pending for hearing
At the filing before: The Company has received an order imposing a demand of IGST amounting Rs. 3,28,030/- under Section 74(1) of the CGST Act, 2017 for the period 2018-19 along with the interest under Section 50(1) of the CGST Act,2017 and penalty amounting to Rs. 3,28,030/- under Section 122(2)(b) of CGST Act, 2017 read with Section 74 of the CGST Act,2017 and the corresponding provisions of IGST Act, 2017.Based on the Company's assessment and the advice of the tax advisors, the Company filed appeal with department.MoreLess
- Tax disputeDeputy Commissioner State Tax Circle -B, Enforcement Wing-III,JaipurSince 1 Jan 2024Appeal had been filed, Pending for hearing.
At the filing before: The Company received the Demand Order that the Input Tax Credit (ITC) amounting to Rs. 14,18,138/- claimed by the company in connection with the expenses of IPO of shares, is deemed inadmissible. Further, order also includes imposing interest of Rs. 15,31,589/- in terms of Section 50 of the RGST Act, 2017 / CGST Act, 2017 and a penalty of Rs. 1,41,814/-under subsection (9) of section 73 of RGST Act, 2017/ CGST Act, 2017.Based on the Company's assessment and the advice of the tax advisors, the Company filed appeal with department.MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the company filed the same raise a power of ten apart in its other statements and the filings do not settle which is right.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Preferential IssuesJun 2024 | – | To meet working capital requirements, Reduction of working capital borrowings, term loan repayment or/and any other outstanding debt, To meet the long-term fund requirements of the Company, for expansion of business and General corporate purpose or such other objects, as the Board may from time to time decide in the best interest of the Company | – | – | No | Audit committee: Audit Committee has noted that there is no deviation/variation in utilization of issue proceeds |