Wires & Fabriks (S.A.) Limited held its 69th AGM on July 29, 2026, via VC/OAVM. The company declared a Rs. 0.10 dividend per share for FY26 and confirmed a clean auditor's report. Key board changes, including a re-appointment of Chairman and new Managing Director, were approved.
Wires & Fabriks SA Ltd: 69th AGM Updates
Wires & Fabriks (S.A.) Limited announced key outcomes from its 69th Annual General Meeting (AGM) held on July 29, 2026. The meeting, conducted via Video Conferencing and Other Audio Video Means (VC/OAVM), addressed six agenda items as planned.
Dividend and Financial Health
Shareholders will receive a dividend of Rs. 0.10 per equity share for the financial year 2025-2026. Importantly, the company's auditor's report for the period carried no adverse remarks or qualifications, indicating strong financial governance.
Leadership Transitions
The AGM also saw approval for significant changes in the company's leadership structure. Dr. Mahendra Khaitan transitioned from Managing Director to Vice Chairman. Mr. Devesh Khaitan was appointed as the new Managing Director, moving up from Joint Managing Director. Mr. Kishan Kumar Khaitan was re-appointed as Chairman.
Reader Takeaway: Dividend payout and smooth leadership transition confirmed, with clean auditor report providing financial comfort.