Sai Silks (Kalamandir) Ltd

Sai Silks (Kalamandir) Ltd has announced the launch of its 86th store, located in Vijayawada, Andhra Pradesh. The new store operates under the "Mandir" brand format and commenced operations on August 15, 2026. This expansion is part of the company's ongoing growth strategy to increase its retail footprint across India.

Sai Silks (Kalamandir) Ltd has announced the launch of its 85th store, located in Srikakulam, Andhra Pradesh. The new store operates under the company's "Kanchipuram Varamahalakshmi Silks" format. This expansion marks a significant step in the company's retail network growth, aiming to increase its market presence and accessibility to customers in new regions. The launch aligns with the company's strategy to broaden its reach and cater to a wider customer base.

Sai Silks (Kalamandir) Ltd has announced the launch of a new store under its 'Kalamandir' format. The store is located in Banashankari, Bengaluru, Karnataka, and commenced operations on August 08, 2026. This expansion is in line with the company's strategy to broaden its retail footprint and reach more customers in key urban markets. The launch is reported as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Sai Silks (Kalamandir) Ltd announced the launch of a new store under its "Kalamandir" format in Mysore, Karnataka. The store opened its doors on August 7, 2026. This expansion is in line with the company's strategy to broaden its retail footprint and reach more customers in key markets. The launch is expected to contribute to the company's revenue growth and market presence in the region.

Sai Silks (Kalamandir) Ltd has announced its 18th Annual General Meeting (AGM) scheduled for August 10, 2026. The company has enclosed the Annual Report for FY 2025-26 along with the AGM notice, as per SEBI (LODR) Regulations, 2015. The report highlights the company's 'Scalable Retail. Sustainable Growth.' strategy, focusing on cluster-based expansion, digital presence, and an integrated design-to-delivery process. Key financial highlights for FY 2025-26 include Revenue from operations of ₹1,653.67 crore, EBITDA of ₹260.59 crore, and Profit After Tax (PAT) of ₹140.92 crore. The company also reported a net retail area of 7,84,853 sq. ft. across 81 stores and engagement with over 4,000 master weavers and vendors. The report emphasizes the company's journey over 20 years, transforming into a leading ethnic wear retailer in South India.

Sai Silks (Kalamandir) Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The report, filed as per SEBI (LODR) Regulations, 2015, details the company's corporate identity, business activities, operational footprint, and employee statistics. The company operates on a standalone basis and has not obtained external assurance for its BRSR disclosures. Its primary business is retail trading of textile goods, accounting for 100% of its turnover, serving diverse customer segments across five Indian states.

Sai Silks (Kalamandir) Ltd has announced that its 18th Annual General Meeting (AGM) will be held on Monday, August 10, 2026, at 11:30 AM IST via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The agenda includes adopting the financial statements for FY26, declaring a final dividend of ₹1.50 per equity share, re-appointing a director retiring by rotation, re-appointing Sagar & Associates as statutory auditors for a second five-year term with remuneration of ₹30,00,000 per annum, appointing Mr. Bharadwaj Rachamadugu as CEO at ₹5,00,000 per month, and appointing Ms. Sridevi Dasari as an Independent Director. The notice of the AGM has been sent to shareholders and is available on the company's website.

Sai Silks (Kalamandir) Limited has filed its Q1FY27 Monitoring Agency report concerning the utilization of its IPO proceeds. The report, issued by CARE Ratings Ltd, confirms that there has been no deviation from the objects for which the IPO funds, aggregating to Rs. 600 crore, were raised. The monitoring agency has reviewed the utilization based on information provided by the company and other reliable sources, confirming adherence to SEBI regulations. The IPO, a fresh issue of equity shares, was conducted from September 20-22, 2023, with shares offered at Rs. 222 each.

Sai Silks (Kalamandir) Ltd has announced that August 3, 2026, has been fixed as the record date for the payment of a final dividend of ₹1.50 per equity share for the financial year 2025-26. This dividend is subject to shareholder approval. The decision was made by the Board of Directors during their meeting on July 15, 2026, following a recommendation from a previous meeting on May 12, 2026. The company has complied with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by furnishing this information to the stock exchanges.

Sai Silks (Kalamandir) Ltd has announced August 3, 2026, as the record date for its final dividend payment for the financial year 2025-26. The dividend amount is ₹1.50 per equity share of nominal value ₹2. This recommendation was made by the Board of Directors in their meeting on May 12, 2026, and is subject to shareholder approval. The record date is fixed as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to determine the eligible shareholders for this payout.