Board Meeting25 May 2026, 06:22 pm
Suryalata Spinning Mills Appoints Gautam Sawang as Director
AI Summary
Suryalata Spinning Mills Ltd. has appointed Sri. Gautam Damodar Sawang as an Independent Director, effective May 25, 2026, for a five-year term, subject to shareholder approval at the upcoming Annual General Meeting. The board also approved audited financial results for the quarter and year ended March 31, 2026, recommended a dividend of ₹8.00 per Cumulative Redeemable Preference Share and ₹2.00 per Equity Share for non-promoter shareholders, and re-appointed M/s.Brahmayya & Co and M/s. Aruna Prasad & Co. as Internal and Cost Auditors, respectively.
Key Highlights
- Gautam Damodar Sawang appointed as Independent Director, subject to shareholder approval.
- Dividend of ₹8.00/share recommended for Cumulative Redeemable Preference Shares.
- Dividend of ₹2.00/share recommended for non-promoter Equity Shareholders.
- M/s.Brahmayya & Co re-appointed as Internal Auditor for FY 2026-27.
- M/s. Aruna Prasad & Co. re-appointed as Cost Auditor for FY 2026-27.
Price Impact
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