Shilpi Cable Technologies Ltd. announced that at it's Board of Directors meeting held on August 12, 2016, the board recommended dividend at the rate of 10% on the equity shares of INR 10 each fully paid up for the financial Year 2015-16, subject to declaration by shareholders at the ensuing Annual General Meeting.

The board also approved appointment of Mr. Ravi Shankar as company secretary and compliance officer of the company with effect from August 12, 2016.