Board Meeting12 May 2026, 06:41 pm
Sai Silks Appoints Sridevi Dasari as Additional Director
AI Summary
Sai Silks (Kalamandir) Ltd announced the appointment of Ms. Sridevi Dasari as an Additional Director (Women Independent Director) effective May 12, 2026, subject to member approval. The board also appointed Mr. Bharadwaj Rachamadugu as CEO, effective May 12, 2026. Additionally, the board approved the financial results for Q4 and FY26, recommended a final dividend of ₹1.50 per equity share for FY26, and noted the resignation of Ms. Sirisha Chintapalli as Independent Director effective May 6, 2026.
Key Highlights
- Sridevi Dasari appointed as Additional Director (Women Independent Director) effective May 12, 2026.
- Bharadwaj Rachamadugu appointed as Chief Executive Officer (CEO) effective May 12, 2026.
- Final dividend of ₹1.50 per equity share recommended for FY 2025-26.
- Sirisha Chintapalli resigned as Independent Director effective May 6, 2026.
- Board approved financial results for Q4 and financial year ended March 31, 2026.
Price Impact
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