KALAMANDIRNSESai Silks (Kalamandir) LimitedHighPositive
Announced Fri, 16 May · 16:30 IST

Sai Silks (Kalamandir) Limited has informed the Exchange that Board of Directors at its meeting held on May 16, 2025, recommended Final Dividend of 1 per equity share.

Corporate Actions View source PDF

KALAMANDIR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors of Sai Silks (Kalamandir) Limited met on May 16, 2025 and approved the audited financial results for Q4 and full financial year ended March 31, 2025. The Board also recommended a final dividend of Rs. 1.00 per equity share, which is 50% of the face value of Rs. 2.00 per share, for FY 2024-25. The dividend is subject to shareholder approval at the upcoming Annual General Meeting. The meeting lasted from 12:30 PM to 4:20 PM.

Likely market impact

Shareholders will receive Rs. 1 per share as final dividend once approved, providing modest income. The 50% dividend payout on face value signals reasonable returns to shareholders, though the actual yield depends on the prevailing market price of the stock.