Announced Mon, 6 Jul · 18:07 IST
Soma Textiles 88th AGM on July 31, 2026; 5% final dividend recommended
Board & Shareholder Meetings View source PDF
SOMATEX · price
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Price reaction · full curve 14 horizons · vs prior close
+7.4%1-day move
₹96.31
prior close
₹101.25
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.2-1.6-0.4—+7.4+17.1+20.4+18.4+15.7+11.2————
Up moveDown movePending
AI summary
Soma Textiles will hold its 88th AGM on July 31, 2026 at 3 PM via video conferencing. Board has recommended a 5% final dividend (Rs 0.50 per share on Rs 10 face value), the first dividend since FY1999. For FY26, revenue rose about 752% to Rs 8,088.16 lakhs, but the company posted a loss before tax of Rs 492.05 lakhs versus Rs 131.66 lakhs loss last year. Director S.B. Bhat will be re-appointed. Book closure runs from July 17 to July 31.
Likely market impact
Resumption of dividend after 27 years is a positive signal. Revenue jumped sharply but bottom line still in loss; investors should weigh recovery prospects.