Siyaram Silk Mills Limited Recommends Final Dividend for the Year Ended March 31, 2024, Payable on or After August 5, 2024
May 11, 2024 at 03:56 pm
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Siyaram Silk Mills Limited announced that at its board meeting held on May 11, 2024, the Board has recommended payment of Final Dividend of INR 4/- per Equity Share (200%) on the Equity Shares of INR 2/- each (face value) for the year ended 31st March, 2024, subject to the approval of the Shareholders of the Company at the upcoming Annual General Meeting. The Register of Members and Share Transfer Books of the Company will remain closed from 16th July, 2024 to 19th July, 2024 (both days inclusive) for the purpose of the AGM and payment of Dividend. Dividend, if declared at the AGM will be paid on or after 5th August, 2024, in respect of shares held in physical form to those Members whose names appear on the Register of Members of the Company as on close of business hours on 15th July, 2024 and in respect of shares held in electronic form to those `Deemed Members' whose names appear in the statement of beneficial ownership furnished by the National Securities Depository Ltd. (NSDL) and Central Depository Services (India) Ltd. (CDSL) as on that date.
Siyaram Silk Mills Limited is an India-based textile company. The Company is engaged in manufacturing, branding and marketing of fabrics, readymade garments and indigo dyed yarn. Its businesses include fabrics, apparel, exports, home furnishing, institutional, yarns, and retail. It offers a range of fabrics, including polyester viscose, polyester viscose blend, polyester viscose lycra, polyester cotton, wool linen, polyester viscose linen, polyester wool, wool lycra and others. It offers indigo products, which include 100% cotton indigo dyed yarn, cotton-poly blended indigo dyed yarn, cotton/lycra indigo dyed yarn, cotton slub yarn indigo dyed yarn, fancy indigo dyed yarn and viscose/excel/tencel indigo dyed yarn. The institutional division of it caters to diverse markets, offering a varied range of garments, including formal wear, casual attire, uniform for office and home furnishing fabrics. Its brands include Miniature, Oxemberg, Royale Linen, Unicode, Cadini and others.