Your Directors have pleasure in presenting this Annual Report
of Delton Cables Limited (“the Company”) along with the
Company’s Audited Financial Statement for the financial year
ended on March 31,2026.

FINANCIAL RESULTS

(Rs. in Lakhs)

PERFORMANCE REVIEW

During the year under review, the Company achieved Revenue
from operations of Rs. 98,637.99 lakhs as compared to Rs.
70,926.41 lakhs in the previous financial year. Further, the
Company has earned net profit of Rs. 1,472.04 lakhs in the
current financial year as against Rs. 2,051.00 lakhs in the
previous financial year.

TRANSFER TO RESERVES

During the year under review, no amount was transferred to
general reserves by the Company.

DIVIDEND

Your Directors are pleased to recommend a final dividend at the
rate of Rs. 2/- (Rupees Two Only) per equity share i.e. 20% on
the face value of Rs. 10/- (Rupees Ten Only) each fully paid-up
equity share of the Company, which if approved at the Annual
General Meeting (“AGM”), the above dividend will be paid to all
those Equity Shareholders whose names shall appear in the
Register of Members as on record date i.e. Tuesday, September
22, 2026.

SHARE CAPITAL

The paid-up Equity Share Capital as on March 31, 2026 is Rs.
8,64,00,000/-. During the year under review, the Company has
not altered its share capital.

DEPOSITS

During the year under review, your Company has not accepted
any deposits within the meaning of Sections 73 to 76 of the
Companies Act, 2013 (“the Act”) and the Companies (Acceptance
of Deposits) Rules, 2014.

CHANGE IN THE NATURE OF BUSINESS

During the year under review, there has been no change in the
nature of business of the Company.

MATERIAL CHANGES AND COMMITMENTS

There are no material changes affecting the financial position of
the Company subsequent to the closure of Financial Year 2025¬
26 till the date of this report.

AUDITORS1. Statutory Auditors:

Pursuant to the provisions of Section 139 of the Act, read
with the Companies (Audit and Auditors) Rules, 2014, and
other applicable provisions, if any (including any statutory
modification(s) or re-enactment (s) thereof for the time
being in force) the Members of the Company at their 57th
AGM, approved the re- appointment of M/s. Bansal & Co,
LLP, Chartered Accountants, New Delhi (Firm Reg. No.
001113N), as the Statutory Auditors of the Company from
the conclusion of 57th AGM till the conclusion of 62nd AGM
of the Company.

The Audit report issued by M/s. Bansal & Co, LLP, on the
Company’s financial statements for the financial year ended
on March 31, 2026 is forming part of the Annual Report.
There has been no qualification, reservation or adverse
remark in their Report.

2. Secretarial Auditors:

In accordance with the provisions of the Section 204 of
the Act and Regulation 24A of Listing Regulations, the
shareholders of the Company at the 60^th AGM held on
September 26, 2025 had appointed Ms. Malavika Bansal
(COP: 9159), Practicing Company Secretary as Secretarial
Auditors of the Company for a period of 5 consecutive years
commencing from FY 2025-26 till FY 2029-30.

The Secretarial Audit Report issued by the Secretarial
Auditor in Form MR-3 is annexed as Annexure-A and forms
part of the Director’s Report. There is no qualification or
remarks made by the Secretarial Auditor in their Report.

3. Cost Auditors:

The Company is maintaining cost records as prescribed
under the provisions of Section 148(1) of the Act. The Board
appointed M/s. MM & Associates (FRN: 000454), as Cost
Auditors for FY 2025-26 and they have been re-appointed

as Cost Auditors of the Company for FY 2026-27. Approval
of the Members is being sought for ratification of their
remuneration at the ensuing AGM.

REPORTING OF FRAUDS BY AUDITORS

There were no instances of fraud reported by the Auditors.

DETAILS OF SIGNIFICANT AND MATERIAL ORDERS
PASSED BY THE REGULATORS/ COURTS/ TRIBUNALS
IMPACTING THE GOING CONCERN STATUS AND
COMPANY’S OPERATIONS IN FUTURE

No significant material orders have been passed by the
Regulators or Courts or Tribunals which would impact the going
concern status of the Company and its future operations.

PARTICULARS OF LOANS, GUARANTEES AND
INVESTMENTS U/S 186 OF THE COMPANIES ACT, 2013

During the financial year 2025-26, your Company has not made
any loan, guarantee and investment u/s 186 of the Act.

PARTICULARS OF CONTRACTS OR ARRANGEMENTS
WITH RELATED PARTIES

During the financial year all Related Party Transactions were on
an arm’s length basis and were in compliance with the applicable
provisions of the Act and Listing Regulations.

There were no transactions during the year which would require
to be reported in Form AOC-2.

DIRECTORS AND KEY MANAGERIAL PERSONNEL

In accordance with the provisions of the Act and Articles of
Association of the Company, Mrs. Shalini Gupta (DIN: 00035938),
Director of the Company, will retire by rotation at the ensuing
AGM and being eligible, offer herself for re-appointment.

During the year under review, Mr. Atul Aggarwal (DIN: 00125825),
Independent Director was re-appointed for his second term of
5 (five) consecutive years starting from August 14, 2025. Mr.
Vijendra Kumar Gupta (DIN: 00036210), Chairman & Whole¬
Time Director has been re-appointed for a period of 5 (five) years
with effect from August 13, 2025 and Mr. Vivek Gupta (DIN:
00035916), Managing Director & CEO has been re-appointed
for a period of 5 (five) years with effect from August 2, 2025.
Mr. Shashi Kumar Sharma (DIN: 08485614) ceased to be the
Whole-Time Director of the Company with effect from August
5, 2025. Mr. Ankit Arora (DIN: 10529555) was appointed as the
Whole-Time Director of the Company for a term for 5 years with
effect from August 6, 2025.

The tenure of Mr. Abhishek Poddar (DIN: 00031175), Independent
Director of the Company will be completed on September 1,2027.
The Board of Directors, on recommendation of Nomination, and
Remuneration Committee (“NRC”), in their meeting held on May

27, 2026 had recommend the re-appointment of Mr. Abhishek
Poddar, for a further period of 5 consecutive years with effect
from September 2, 2027, subject to the approval of Members of
the Company at the ensuing AGM.

Mrs. Sangeeta Tondon ceased to be Chief Financial Officer of
the Company with effect from May 30, 2025 and Mr. Rameshwar
Jaiswal has been appointed as a Chief Financial Officer of the
Company with effect from May 31,2025.

The Company has received declarations from all Independent
Directors of the Company that they meet the criteria of
independence as prescribed under sub-section (6) of Section
149 of the Act and under Regulations 16 and 25 of Listing
Regulations and there has been no change in the circumstances
affecting their status as independent directors of the Company.
In the opinion of the Board, the Independent Directors of the
Company are the persons of integrity, expertise and fulfill the
conditions as per the applicable laws and are independent of the
management of the Company.

Annual performance evaluation of the Board, its committees,
individual directors (including independent directors) and
Chairman of the Company pursuant to the provisions of the
Act and the Corporate Governance requirements under Listing
Regulations have been carried out in accordance with the
Policy. The process, and result of performance evaluation
given in Corporate Governance Report, was followed by the
Board for evaluation of its own performance and its committees
and individual directors including independent directors and
Chairman of the Company.

The brief resumes, rationales and justifications wherever
applicable and other details relating to the director who are
proposed to be appointed/ re-appointed, as required to be
disclosed as per the provisions of the Listing Regulations/
Secretarial Standard are given in the Annexure-I to the Notice
of the 61^st AGM.

VIGIL MECHANISM

In terms of provisions of Section 177 of the Act and Regulation
22 of the Listing Regulations, 2015, the Company has in place a
Whistle Blower Policy, details of which are provided in Corporate
Governance Report. The Whistle Blower Policy is available on
the website of the Company at www.deltoncables.com.

REMUNERATION POLICY

The Company follows a policy on remuneration of Directors,
Key Managerial Personnel and Senior Management Employees.
Pursuant to the Section 178 of the Act read with the applicable
rules made thereunder and Listing Regulations, the policy
has been formulated by the Nomination and Remuneration
Committee and approved by the Board. The Policy is given in
the Annexure-B.

REMUNERATION OF DIRECTORS AND KEY MANAGERIAL
PERSONNEL

The information required under Section 197 read with Rule 5 of
the Companies (Appointment and Remuneration of Managerial
Personnel) Rules, 2014 is annexed as Annexure-C and forms
part of this Report.

CREDIT RATING

During the financial year 2025-26, the credit rating of the
Company was assigned by Infomerics Valuation and Rating Pvt.
Ltd (Credit Rating Agency) as IVR BBB/ Stable (IVR Triple B with
Stable outlook) for long term bank facilities and IVR A3 (IVR A
Three Plus) for short term bank facilities.

ANNUAL RETURN

The Annual Return for FY 2025-26 is available on the website of
the Company at www.deltoncables.com.

CONSERVATION OF ENERGY, TECHNOLOGY ABSORPTION
AND FOREIGN EXCHANGE EARNINGS AND OUTGO

As required under Section 134(3)(m) of the Act read with Rule
8 of the Companies (Accounts) Rules 2014, the information on
Conservation of Energy, Technology Absorption and Foreign
Exchange Earnings and Outgo are annexed to this report as
Annexure-D.

SUBSIDIARIES, JOINT VENTURES OR ASSOCIATE
COMPANIES

The Company is not having any Subsidiary, Joint Venture or
Associate Company.

INTERNAL CONTROL SYSTEM

The Board has adopted policies and procedures for ensuring the
orderly and efficient conduct of its business, including adherence
to Company’s policies, the safeguarding of its assets, the
prevention and detection of fraud, error reporting mechanisms,
the accuracy and completeness of the accounting records,
and the timely preparation of reliable financial disclosures.
The Company has in place adequate internal financial controls
including with reference to financial statement and for ensuring
the orderly & efficient conduct of its business.

During the year, such controls were tested and no reportable
material weakness in the design or operation was observed.

CORPORATE GOVERNANCE REPORT

Corporate Governance is guided by the principles of transparency,
fairness, disclosure and accountability. Corporate Governance

is, therefore, a necessary tool for achieving all-round business
excellence reflected in enhanced shareholder value, without
compromising on the need and interest of other stakeholders.
We believe that strong governance is essential not only for
enhancing shareholder value but also for maintaining the trust
of customers, employees, regulators, and society at large. The
Company endeavours to conduct its business and to strengthen
the relationship in a manner that is dignified, distinctive and
responsible.

Pursuant to Regulation 34(3) of the Listing Regulations,
Corporate Governance Report along with a Certificate regarding
compliance of conditions of Corporate Governance from
Company Secretary in Practice are enclosed as Annexure-G
and forms an integral part of this Report.

MANAGEMENT DISCUSSION & ANALYSIS REPORT

Management Discussion and Analysis Report for the year
under review, as stipulated under Regulation 34(2)(e) read
with Schedule V (C) of Listing Regulations, is enclosed as
Annexure-F and forms an integral part of this report.

PREVENTION OF SEXUAL HARASSMENT

The Company has zero tolerance for sexual harassment at
workplace and has adopted a Policy on Prevention, Prohibition
and Redressal of Sexual Harassment at Workplace (‘POSH
Policy’) in line with the provisions of the Sexual Harassment of
Women at Workplace (Prevention, Prohibition and Redressal)
Act, 2013 and the rules thereunder (‘POSH Act’) for prevention
and redressal of complaints of sexual harassment at workplace.
The Company is committed to provide equal opportunities without
regard to their race, caste, sex, religion, colour, nationality,
disability, etc.

The Company has also complied with provisions relating to the
constitution of Internal Complaints Committee as per the POSH
Act.

No case was filed or disposed off during the year under review
and accordingly no case is pending for more than 90 days,
pursuant to POSH Act

MATERNITY BENEFIT

During the year under review, the Company has complied with
the provisions of the Maternity Benefit Act, 1961 and no compliant
has been received in this regard from any employee.

MEETINGS OF THE BOARD

Four meetings of the Board of Directors were held during the
year. For further details, please refer Report on Corporate
Governance enclosed as Annexure-G to this Report.

AUDIT COMMITTEE

For constitution and other details of the Audit Committee, please
refer Report on Corporate Governance enclosed as Annexure-G
to this Report.

All the recommendations made by the Audit Committee were
accepted by the Board.

CSR COMMITTEE

For constitution and other details of the CSR Committee, please
refer Report on Corporate Governance enclosed as Annexure-G
to this Report.

COMPLIANCE WITH THE SECRETRIAL STANDARDS

During the year under review, the Company has complied with all
applicable provisions of Secretarial Standards.

COMPLIANCE BY LARGE CORPORATE

Your Company does not fall under the category of large corporate,
as defined by SEBI vide its circular no. SEBI/HO/DDHS/P/
CIR/2021/613 dated August 10, 2021 read with updated circular
dated April 13, 2022 and Circular No. SEBI/HO/DDHS/DDHS-
RACPODI/P/CIR/2023/172 dated October 19, 2023, as such no
disclosure is required in this regard.

CORPORATE SOCIAL RESPONSIBILITY (“CSR”)

For constitution and other details of the CSR Committee, please
refer Report on Corporate Governance enclosed as Annexure-G
to this Report. The CSR Policy of the Company is available on
the website of the Company at www.deltoncables.com.

The Annual Report on CSR activities, which include the salient
features of the CSR Policy and change therein, if any, is enclosed
as Annexure-E and forms an integral part of this Report.

RISK MANAGEMENT

The Company believes that risk is an integral part of business
and is committed to managing the risks in a proactive and
efficient manner. The Company has developed and implemented
a comprehensive Risk Management Policy to ensure sustainable
business growth with stability and to promote a proactive approach
in identifying, assessing and mitigating risks associated with the
business. The detailed analysis of various internal and external
risks is provided in the Management Discussion and Analysis
Report which forms part of the annual report.

DIRECTORS’ RESPONSIBILITY STATEMENT

Pursuant to the requirement under Section 134(5) of the
Companies Act, 2013 with respect to Directors’ Responsibility
Statement, your Directors, to the best of their knowledge and
ability, hereby confirm that:

(a) in the preparation of the annual accounts for the financial
year ended March 31, 2026, the applicable accounting
standards have been followed along with proper explanation
relating to material departures;

(b) the directors have selected such accounting policies
and applied them consistently and made judgments and
estimates that are reasonable and prudent so as to give a
true and fair view of the state of affairs of the company at
the end of the financial year ended March 31, 2026 and of
the profit and loss of the company for the year ended on that
date;

(c) the directors have taken proper and sufficient care for the
maintenance of adequate accounting records in accordance
with the provisions of the Act for safeguarding the assets
of the company and for preventing and detecting fraud and
other irregularities;

(d) the directors have prepared the annual accounts for the
financial year ended March 31, 2026 on a going concern
basis;

(e) the directors have laid down internal financial controls to be
followed by the Company and that such internal financial
controls are adequate and are operating effectively; and

(f) the directors have devised proper systems to ensure
compliance with the provisions of all applicable laws and that
such systems are adequate and operating effectively.

DETAILS OF APPLICATION MADE OR ANY PROCEEDING
PENDING UNDER THE INSOLVENCY AND BANKRUPTCY
CODE, 2016 (31 OF 2016) DURING THE YEAR ALONG WITH
THEIR STATUS AS AT THE END OF THE FINANCIAL YEAR

During the year, no application has been made and no proceeding
is pending against the Company under the Insolvency and
Bankruptcy Code, 2016.

IN CASE THE SECURITIES ARE SUSPENDED FROM
TRADING, THE DIRECTOR’S REPORT SHALL INCLUDE THE
REASON THEREOF

Not Applicable

DETAILS OF DIFFERENCE BETWEEN AMOUNT OF THE
VALUATION DONE AT THE TIME OF ONE TIME SETTLEMENT
AND THE VALUATION DONE WHILE TAKING LOAN FROM
THE BANKS OR FINANCIAL INSTITUTIONS ALONG WITH
THE REASONS THEREOF

There is no instance of one-time settlement with any bank or
financial institutions.

HUMAN RESOURCES

Our employees are our most important assets. We are
committed to hiring and retaining the best talent being among the
industry’s leading employers. For this, we focus on promoting a
collaborative, transparent and participative organisation culture,
and rewarding merit and sustain high performance.

REGISTRAR AND SHARE TRANSFER AGENT

The share transfer and related activities are being carried out by
M/s. Beetal Financial & Computer Services (P) Limited, Registrar
and Share Transfer Agent from the following address:

Beetal Financial & Computer Services (P) Limited

Beetal House, 3rd Floor, 99 Madangir, Behind Local Shopping

Centre, Near Dada Harsukhdas Mandir, New Delhi - 110 062

ACKNOWLEDGEMENT

The Board of Directors would like to place on record their sincere
appreciation to all stakeholders for their unwavering support
throughout the year. The continued trust and confidence of

our valued customers, vendors, dealers, suppliers, investors,
business associates, bankers, and Government Authorities have
been instrumental in driving our success.

The Directors also wish to place on record their deep sense of
appreciation for the commitment displayed by all executives,
officers, workers, employees of the Company resulting in the
successful performance of the Company during the FY

The Board also takes this opportunity to express its deep
gratitude for the continued co-operation and support received
from its valued shareholders.

For & on behalf of the Board of DirectorsSd/-

Place : Faridabad Vijendra Kumar Gupta

Date : August 11, 2026 Chairman

DIN: 00036210