Suryalakshmi Cotton Mills Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/05/2026 ,inter alia, to consider and approve 1. The Audited financial ....
SURYALAXMI · price
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Suryalakshmi Cotton Mills Ltd has informed exchanges that its Board of Directors meeting is scheduled for May 25, 2026. The meeting will consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. Additionally, the board will discuss extending the redemption period for two categories of preference shares - 5% Non-Cumulative Redeemable Preference Shares and 10% Cumulative Redeemable Preference Shares. The company has confirmed there is no proposal to recommend any dividend for FY 2025-26. The trading window remains closed until 48 hours after the results are declared.
The absence of a dividend proposal for FY 2025-26 could be disappointing for income-focused investors. The extension of preference share redemption period suggests the company may be managing liquidity or refinancing preferences shares, which investors should monitor in the audited results.