Outcome of Board Meeting held on 12.08.2025.
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Awaiting price reaction for this filing.
The Board of Directors of Satyam Silk Mills Ltd met on 12 August 2025 and approved four items. First, the unaudited financial results for the quarter ended 30 June 2025 (Q1 FY26), along with the limited review report from statutory auditors M/s. SVP & Associates. Second, the Directors' Report for the financial year ended 31 March 2025. Third, the convening of the 42nd Annual General Meeting at the company's registered office in Nariman Point, Mumbai. Fourth, the appointment of Mr. Hitesh Gupta, a Practicing Company Secretary, as the Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval at the upcoming AGM. The board meeting lasted 30 minutes (3:30 pm to 4:00 pm).
Routine governance update with no major financial surprises disclosed — quarterly results were approved, and a new secretarial auditor was appointed for a long five-year term, suggesting stability in compliance oversight. No material impact on shareholders expected from this filing alone; the actual Q1 results numbers will drive any stock reaction.