Suryalata Spinning Mills: Recommends 20% Equity Dividend

Suryalata Spinning Mills Ltd's board approved standalone and consolidated audited financial results for the year ended March 31, 2026. They recommended an 8% dividend on Cumulative Redeemable Preference Shares and a 20% dividend (₹2.00 per share) on equity shares for non-promoter shareholders, subject to shareholder approval. Promoters volunteered to waive dividend on their equity share holdings. 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 Auditor and Cost Auditor, respectively.