SURYALA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board meeting held on May 25, 2026 approved multiple items including audited financial results for FY2026. Standalone profit after tax grew 195% to Rs 2,894 Lakhs vs Rs 982 Lakhs in FY2025, while consolidated PAT grew 131% to Rs 3,546 Lakhs. Revenue from operations stood at Rs 47,199 Lakhs (standalone). The Board recommended a 20% dividend (Rs 2 per share) exclusively for non-promoter shareholders, with promoters voluntarily waiving their dividend entitlement. A new Independent Director, Sri Gautam Damodar Sawang (former DGP of Andhra Pradesh and former Chairman of AP State Public Service Commission), was appointed for a 5-year term subject to shareholder approval. Both the Internal Auditor (M/s Brahmayya & Co) and Cost Auditor (M/s Aruna Prasad & Co) were re-appointed for FY 2026-27.
Strong profit growth and promoters waiving dividends signal shareholder-friendly policies and financial strength. The appointment of a former senior government official as Independent Director enhances board governance credentials.