StockWatch
·
Other Textile Products
Dividend23 May 2026, 04:41 pm

Suryaamba Spinning Mills Recommends ₹1 Dividend

AI Summary

Suryaamba Spinning Mills Ltd's board approved audited financial results for the year ended March 31, 2026, and recommended a final dividend of ₹1 per equity share of face value ₹10, subject to shareholder approval at the upcoming AGM. The board also approved the re-appointment of M/s G.R. Paliwal & Co. as Cost Auditors for FY 2026-27, subject to ratification of remuneration by shareholders. The meeting concluded with unmodified audit opinions on the standalone financial statements.

Key Highlights

  • Final dividend of ₹1 per share recommended for FY26.
  • Re-appointment of G.R. Paliwal & Co. as Cost Auditors approved.
  • Audited standalone financial results for FY26 approved.
  • AGM date and book closure period to be announced later.
  • Statutory Auditors issued unmodified opinion on financial statements.