StockWatch
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Other Textile Products
Dividend25 May 2026, 06:51 pm

Suryalata Spinning Mills Declares Dividend for FY26

AI Summary

Suryalata Spinning Mills Ltd has declared a dividend for the financial year 2025-26, as approved in the Board Meeting held on May 25, 2026. The Board recommended an 8% dividend (₹8.00 per share) on Cumulative Redeemable Preference Shares and a 20% dividend (₹2.00 per share) on Equity Shares for non-promoter shareholders, subject to shareholder approval at the Annual General Meeting. Promoters have volunteered to waive dividend on their equity share holdings for the financial year 2025-26. The Board also approved the standalone and consolidated audited financial results for the quarter and year ended March 31, 2026.

Key Highlights

  • Recommended 8% dividend (₹8.00/share) on Cumulative Redeemable Preference Shares.
  • Recommended 20% dividend (₹2.00/share) on Equity Shares for non-promoter shareholders.
  • Promoters volunteered to waive dividend on their equity share holdings.
  • Approved Standalone and Consolidated Audited Financial Results for FY26.
  • Gautam Damodar Sawang appointed as Independent Director effective May 25, 2026.