Suryalata Spinning Mills: Gautam Sawang Appointed as Director

Suryalata Spinning Mills Ltd. announced the appointment of Sri. Gautam Damodar Sawang as an Additional Director, designated as a Non-Executive Independent Director, effective May 25, 2026, subject to shareholder approval. The board also approved audited financial results for the quarter and year ended March 31, 2026, and recommended a dividend of 8% on Cumulative Redeemable Preference Shares and 20% on Equity Shares for non-promoter shareholders, subject to shareholder approval at the upcoming Annual General Meeting. The board re-appointed M/s.Brahmayya & Co as Internal Auditor and M/s. Aruna Prasad & Co. as Cost Auditor for the financial year 2026-27.