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Other Textile Products
Dividend23 May 2026, 05:11 pm

Suryaamba Spinning Mills Recommends ₹1 Dividend

AI Summary

Suryaamba Spinning Mills Ltd's board approved the recommendation of a final dividend of ₹1 per equity share with a face value of ₹10 each for the financial year ended March 31, 2026, subject to shareholder approval at the upcoming Annual General Meeting. The board also re-appointed M/s G.R. Paliwal & Co. as Cost Auditors for FY 2026-27, pending shareholder ratification of their remuneration. The meeting, held on May 23, 2026, also approved the audited standalone financial results for the quarter and year ended March 31, 2026. The board meeting commenced at 4:00 p.m. and concluded at 4:30 p.m.

Key Highlights

  • Suryaamba Spinning Mills recommends a final dividend of ₹1 per share.
  • Dividend is subject to shareholder approval at the AGM.
  • G.R. Paliwal & Co. re-appointed as Cost Auditors for FY 2026-27.
  • Audited standalone financial results for FY26 approved.
  • Board meeting concluded on May 23, 2026.