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Awaiting price reaction for this filing.
Suryaamba Spinning Mills has recommended a final dividend of Rs. 1 per equity share on a face value of Rs. 10 (10% on face value) for FY ending March 31, 2025, subject to shareholder approval at the upcoming 18th AGM. The Board also approved audited standalone financial results for Q4 and FY25, which received an unmodified opinion from statutory auditors. The cost auditors M/s G.R. Paliwal & Co. were re-appointed for FY26, subject to shareholder ratification. The book closure dates and AGM schedule will be communicated later.
The Rs. 1 dividend represents a modest payout of 10% on face value; meaningful yield depends on the current share price. The clean audit opinion and steady dividend suggest financial stability, though the final impact on shareholders depends on the stock's market price.