Dividend12 May 2026, 07:01 pm
Sai Silks Recommends ₹1.50 Dividend for FY 2025-26
AI Summary
Sai Silks (Kalamandir) Ltd's Board of Directors has recommended a final dividend of ₹1.50 per share (75% of face value of ₹2.00) for the financial year 2025-26, subject to shareholder approval. The board also approved the financial results for Q4 and the financial year ended March 31, 2026. Other key decisions included the appointment of Mr. Bharadwaj Rachamadugu as CEO, the resignation of Ms. Sirisha Chintapalli as an Independent Director, and the appointment of Ms. Sridevi Dasari as an Additional Director.
Key Highlights
- Final dividend of ₹1.50 per share recommended for FY 2025-26.
- Bharadwaj Rachamadugu appointed as Chief Executive Officer (CEO).
- Sirisha Chintapalli resigned as Independent Director effective May 6, 2026.
- Sridevi Dasari appointed as Additional Director (Non-Executive Independent Woman Director).
- Board approved financial results for Q4 and FY ended March 31, 2026.
Price Impact
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