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Incorporated in 1993, Sarla Performance Fibers Ltd manufactures various types of polyester and nylon yarns
Shareholders approved a final dividend of Rs. 2 per equity share for the financial year ended March 31, 2026. This dividend, initially proposed by the Board, will be paid to eligible shareholders.
Sarla Performance Fibers Limited has informed the Exchange about Investor Presentation - "KAL AAJ AUR KAL VISION 2030"
Sarla Performance Fibers has announced a buyback of up to 40 Lakh shares at ₹110/share, totaling ₹44 Cr. This represents ~4.79% of outstanding shares, aimed at enhancing shareholder returns and improving EPS. Promoters will not participate.
Sarla Performance Fibers sold preference shares in its US subsidiary for ₹1.10 Cr. The shares were carried at ₹78.25 Cr. The subsidiary reported ₹0.85 Cr revenue and negative net worth of ₹(48.67) Cr. The company retains 100% equity in the subsidiary.
Sarla Performance Fibers acquired 5,432 sq ft of commercial space for ₹27.88 Cr to support business expansion. This investment, ratified by the Board, provides additional office space, with handover expected in 2031.