SURYALABSESuryalata Spinning Mills Ltd-$HighPositive
Announced Thu, 29 May · 20:05 IST

Dividend for the FY 2024-25

Corporate Actions View source PDF

SURYALA · price

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▲ 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 Suryalata Spinning Mills Ltd, at their meeting held on May 29, 2025, has recommended a final dividend of 20%, which works out to Rs. 2 per equity share on a face value of Rs. 10. This dividend is subject to approval from shareholders at the upcoming Annual General Meeting. If approved, the dividend will be paid within 30 days of the AGM's conclusion. The company has also mentioned that the book closure date for the dividend will be communicated separately in due course.

Likely market impact

Shareholders will receive a Rs. 2 dividend per share if approved at the AGM. The actual yield on investment depends on the current market price, which is not disclosed in this filing, so investors should check the prevailing share price to assess the real return.