Dynamic Cables to Consider Bonus Issue & Capital Expansion on May 30

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Dynamic Cables Ltd has announced that its Board of Directors will meet on May 30, 2025, to consider issuing bonus equity shares and increase authorized share capital, subject to shareholder and regulatory approvals. The move comes amid strong financial performance, with the company reporting a 71.09% YoY rise in net profit for Q4 FY25.

Key Highlights

Bonus Issue Proposal: The company’s board will deliberate on issuing bonus equity shares, aiming to reward shareholders and enhance liquidity.
Capital Expansion: Dynamic Cables plans to increase its authorized share capital, supporting future growth and investment strategies.

Financial Performance:

Net Profit: ₹23.56 crore in Q4 FY25, up 71.09% YoY.
Revenue Growth: ₹331.17 crore in Q4 FY25, marking a 37.41% YoY increase.
Market Reaction: Following the announcement, Dynamic Cables’ stock surged 4.77%, reaching ₹868.40 per share.
Industry Presence: The company specializes in power infrastructure cables, supplying to government DISCOMs, private EPC contractors, and industrial clients.
Manufacturing Strength: Operates three plants in Jaipur and Reengus, with a corporate office in Jaipur and five regional sales offices across India.

Dynamic Cables’ bonus issue and capital expansion reflect its commitment to shareholder value and long-term growth. Investors are keenly watching the May 30 board meeting for further developments.

Source: Business Standard, Trendlyne, DSIJ