Dividend12 May 2026, 07:01 pm
Sai Silks Recommends ₹1.50 Final Dividend for FY26
AI Summary
Sai Silks (Kalamandir) Ltd's Board of Directors has recommended a final dividend of ₹1.50 per equity share (75% of face value of ₹2) for the financial year 2025-26, subject to shareholder approval at the Annual General Meeting. The board also approved the financial results for Q4 and FY26, appointed Mr. Bharadwaj Rachamadugu as CEO, noted the resignation of Ms. Sirisha Chintapalli as Independent Director, and appointed Ms. Sridevi Dasari as an Additional Director.
Key Highlights
- Sai Silks recommends a final dividend of ₹1.50 per share for FY26.
- Bharadwaj Rachamadugu appointed as CEO, effective May 12, 2026.
- Sridevi Dasari appointed as Additional Director.
- Sirisha Chintapalli resigned as Independent Director effective May 6, 2026.
- Board approved financial results for Q4 and FY26.
Price Impact
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