Siyaram Silk Mills Limited — Dividend/Bonus, 26-10-2024: Bonus

Siyaram Silk Mills Limited's Board approved unaudited financial results for Q2 FY 2024 and declared a 200% interim dividend of ₹4 per equity share. The Board also approved a Scheme of Arrangement for issuing bonus Preference Shares: 4 of Series I and 3 of Series II for every equity share held. The shares will have a 9% coupon rate and will be redeemable in 3 to 5 years. The issuance is subject to regulatory approvals.