Board Meeting12 May 2026, 06:21 pm
Sai Silks Recommends ₹1.50 Final Dividend for FY26
AI Summary
Sai Silks (Kalamandir) Ltd's board approved the financial results for Q4 and FY26, along with the financial statements for FY26. A final dividend of ₹1.50 per equity share (75% of face value) was recommended, subject to shareholder approval. Mr. Bharadwaj Rachamadugu was appointed as CEO, effective May 12, 2026. Ms. Sirisha Chintapalli resigned as Independent Director, and Ms. Sridevi Dasari was appointed as an Additional Director. The board also approved the reconstitution of various committees.
Key Highlights
- Approved financial results for Q4 and FY26, and FY26 financial statements.
- Recommended a final dividend of ₹1.50 per share for FY26.
- 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).
Price Impact
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