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Other Textile Products
Quarterly Result25 May 2026, 06:01 pm

Suryalata Spinning Mills: FY26 Audited Results

AI Summary

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. The board also approved the appointment of Gautam Damodar Sawang as an Independent Director and re-appointed M/s.Brahmayya & Co as Internal Auditor and M/s. Aruna Prasad & Co. as Cost Auditor.

Key Highlights

  • Standalone and consolidated audited financial results for FY26 approved.
  • Dividend of 8% recommended on Cumulative Redeemable Preference Shares.
  • Dividend of 20% recommended on Equity Shares for non-promoter shareholders.
  • Gautam Damodar Sawang appointed as Independent Director.
  • Re-appointment of Internal and Cost Auditors approved for FY27.