Polycab India declares Rs 35 dividend for FY25

Polycab India Limited has announced a significant dividend of Rs 35 per equity share for its shareholders for the financial year ended March 31, 2025. This dividend represents 350 percent of the face value of Rs 10 per share. The company communicated this decision through a disclosure to the stock exchanges dated June 10, 2025, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The record date for determining the eligibility of shareholders to receive this dividend has been set as Tuesday, June 24, 2025. The dividend payment will be made to eligible shareholders on or before July 30, 2025. This announcement comes as the company also gears up for its 29th Annual General Meeting (AGM).

Dividend Announcement and Shareholder Returns

The declaration of a ₹35 per share dividend underscores Polycab India's commitment to sharing its profits with its shareholders. This substantial payout reflects the company's financial performance during the fiscal year 2024-25. Shareholders whose names appear in the register of members as of the record date, June 24, 2025, will be entitled to this dividend. The company has assured that the payment will be processed by July 30, 2025, providing a timely return to its investors.

Upcoming 29th Annual General Meeting (AGM)

Polycab India Limited has also scheduled its 29th Annual General Meeting (AGM) for Tuesday, July 1, 2025, at 09:00 a.m. (IST). In line with contemporary practices and regulatory guidelines issued by the Ministry of Corporate Affairs (MCA) and SEBI, the AGM will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM). This virtual format aims to ensure wider participation of shareholders, irrespective of their location, while adhering to safety norms.

The Notice of the 29th AGM, along with the Integrated Annual Report for the financial year 2024-25, is being disseminated electronically to members whose email addresses are registered with the company's Registrar and Share Transfer Agent (RTA) or their respective Depository Participants (DPs).

E-Voting Information

To facilitate shareholder participation in the decision-making process, Polycab India will provide a remote e-voting facility. Shareholders can cast their votes electronically on the resolutions proposed in the AGM notice. The details for the e-voting process are as follows:
Shareholders are encouraged to utilize the e-voting facility within the specified period. Detailed procedures for remote e-voting and attending the AGM through VC/OAVM are provided on pages 447 to 453 of the Integrated Annual Report.

Access to Integrated Annual Report FY25

In compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Polycab India has provided a web-link to its Integrated Annual Report 2024-25. This is particularly for those members who have not registered their e-mail addresses with the Company or Depositories. A physical letter containing the web-link has been sent to such shareholders.

The Integrated Annual Report for FY 2024-25 can be accessed via the following web-link: https://cms.polycab.com/media/oozoyrju/polycab_iar-2025_c2c-design_v11_09062025.pdf.

Alternatively, shareholders can navigate to the report on the company's official website through the path: https://polycab.com > Investors > Annual Reports > Annual Report FY 2025. The company has also uploaded this information on its website, www.polycab.com.

Importance of KYC Updation for Shareholders

Polycab India has urged its shareholders to update and complete their Know Your Customer (KYC) details. This includes ensuring that their name, postal address, email ID, telephone/mobile numbers, Permanent Account Number (PAN), bank mandates, nominations, and power of attorney details are current and accurate.

Shareholders holding shares in electronic (demat) form are requested to update their KYC details with their respective Depository Participants (DPs). Those holding shares in physical form should contact the company's Registrar and Transfer Agent (RTA), Kfin Technologies Limited, through a service request.

For any queries or assistance regarding KYC updation, demat holders should contact their DPs. Holders of physical folios can reach out to Kfin Technologies Limited at einward.ris@kfintech.com or call their toll-free number: 1800 309 4001. Maintaining updated KYC information is crucial for seamless receipt of dividends, annual reports, and other corporate communications.

Guidance on Tax Exemption Forms

Shareholders seeking tax exemption on the dividend are advised to submit the necessary tax exemption forms. The last date for submission of these forms is Monday, June 23, 2025, by 05:00 p.m. The forms can be submitted online to the email ID: einward.ris@kfintech.com.

Reminder on Unclaimed/Unpaid Dividends

Polycab India has also reminded shareholders about the provisions related to unclaimed or unpaid dividends. As per regulations, any dividend that remains unclaimed or unpaid for a consecutive period of seven years from the date it was transferred to the Unpaid Dividend Account of the company is liable to be transferred to the Investor Education and Protection Fund (IEPF). Furthermore, the shares corresponding to such unclaimed dividends are also liable to be transferred to the demat account of the IEPF Authority.

Shareholders are therefore strongly encouraged to claim any outstanding dividends from the company within the stipulated timelines. For assistance in this regard, shareholders can contact the company's RTA, Kfin Technologies Limited, at their registered office: Selenium Tower B, Plot 31-32, Financial District, Nanakramguda, Serilingampally Mandal, Hyderabad - 500 032, or via email at einward.ris@kfintech.com, or by calling 1800-309-4001.

This series of announcements from Polycab India Limited provides crucial information for its shareholders regarding dividend distribution, participation in the upcoming AGM, and other important compliance matters.