Quarterly Result12 May 2026, 06:41 pm
Sai Silks: FY26 Results, ₹1.50 Dividend Recommended
AI Summary
Sai Silks (Kalamandir) Ltd approved its financial results for the quarter and year ended March 31, 2026. The board recommended a final dividend of ₹1.50 per equity share (75% of face value) for FY 2025-26, subject to shareholder approval. Mr. Bharadwaj Rachamadugu was appointed as CEO effective May 12, 2026. Ms. Sirisha Chintapalli resigned as Independent Director effective May 6, 2026. Ms. Sridevi Dasari was appointed as an Additional Director (Non-Executive Independent Woman Director), subject to shareholder approval. The board also approved the reconstitution of various committees.
Key Highlights
- Sai Silks approved FY26 financial results and recommended a ₹1.50 dividend per share.
- Bharadwaj Rachamadugu appointed as CEO, effective May 12, 2026.
- Sirisha Chintapalli resigned as Independent Director, effective May 6, 2026.
- Sridevi Dasari appointed as Additional Director (Non-Executive Independent Woman Director), subject to shareholder approval.
- Board approved reconstitution of Audit, Nomination & Remuneration, and Stakeholder Relationship Committees.
Price Impact
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