Finolex Cables Limited Appoints Shruti Deepen Udeshi as Independent Woman Director; Declares Dividend on Equity Shares for the Financial Year Ended 31 March, 2019
At the AGM held September 20, 2019, Finolex Cables Limited approved the appointment of Shruti Deepen Udeshi as Independent Woman Director of the Company for a period of five consecutive years with effect from February 14, 2019.
The company also declared a dividend on equity shares for the financial year ended 31 March, 2019 that is INR 4.50 per equity share of INR 2 each fully paid up for the financial year ended 31 March, 2019.
Finolex Cables Limited is an India-based company, which is engaged in manufacturing of electricals cables, communication cables, and other electrical appliances. The Company operates through four segments: Electrical cables, Communication cables, Copper rods, and Others. the Electrical cables segment manufactures light-duty electrical cables and power and control cables. The Communication cables segment includes copper-based cables and optical fiber (glass-based) cables (OFC). The Copper rods segment is engaged in manufacturing continuous cast copper rods (CCC rods), which are used in the production of copper-based electrical, and communication cables. Its product portfolio includes wires and cables, fans, water heaters, switches, switchgear, home appliances-room heaters, home appliances-iron, lights, conduits and fittings, and smart homes. Its wires and cables include house wires, agriculture cables, ofc, telephone cables, LAN cables, speaker cables, and power cables.
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Finolex Cables Limited Appoints Shruti Deepen Udeshi as Independent Woman Director; Declares Dividend on Equity Shares for the Financial Year Ended 31 March, 2019