Sai Silks (Kalamandir) Limited has informed the Exchange that Board of Directors at its meeting held on May 12, 2026, recommended Final Dividend of Rs. 1.50 per equity share.
KALAMANDIR · price
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On the reaction day the stock moved 5.9 pts more than Nifty Microcap 250 and 6.8 pts more than its Speciality Retail peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Sai Silks (Kalamandir) Limited's Board meeting on May 12, 2026 approved FY2025-26 financial results showing strong performance with revenue from operations growing 13% to Rs. 1,653.67 Crores and net profit jumping 65% to Rs. 140.92 Crores (EPS Rs. 9.56). The Board recommended a final dividend of Rs. 1.50 per equity share (75% of face value Rs. 2), subject to shareholder approval at AGM. Leadership changes include appointment of Mr. Bharadwaj Rachamadugu as new CEO (related to the Managing Director as son-in-law), resignation of Independent Director Ms. Sirisha Chintapalli, and appointment of Ms. Sridevi Dasari as Additional Director under the Independent Woman Director category. The company also reconstituted its Board committees.
Strong earnings growth (65% YoY net profit increase) with dividend payout signals financial health. The new CEO appointment and board restructuring may bring operational changes. Dividend yield depends on current market price.