Announced Fri, 4 Apr · 12:46 IST

Saraswati Saree Depot Limited has informed the Exchange that Board of Directors at its meeting held on April 04, 2025, declared Interim Dividend of Rs. 1.515 per equity share.

Corporate Actions View source PDF

SSDL · price

Loading chart…

▲ 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 Saraswati Saree Depot Limited, at its meeting on April 4, 2025, declared an interim dividend of Rs. 1.515 per equity share (15.15%) on each share of face value Rs. 10. The total dividend payout amounts to approximately Rs. 6 crore (Rs. 5,99,93,697). The company has fixed Thursday, April 10, 2025 as the record date to determine eligible shareholders. This is the company's first dividend declaration referenced for financial year 2025-26.

Likely market impact

Shareholders holding shares as of the record date (April 10, 2025) will be entitled to receive the interim dividend. This reflects the company's willingness to return cash to shareholders, which is generally viewed as a positive signal by the market.