Suryalata Spinning Mills Declares 8% Preference Dividend

Suryalata Spinning Mills Ltd. announced its audited financial results for the fourth quarter and year ended March 31, 2026. The Board recommended an 8% dividend on Cumulative Redeemable Preference Shares (₹8.00 per share) and a 20% dividend on equity shares (₹2.00 per share) for non-promoter shareholders, subject to shareholder approval. Promoters have waived dividend on their equity share holdings for FY 2025-26. The board also approved the appointment of Gautam Damodar Sawang as an Independent Director and re-appointed M/s.Brahmayya & Co and M/s. Aruna Prasad & Co. as Internal and Cost Auditors, respectively.