Shiva Texyarn Limited — Dividend/Bonus, 22-05-2025: Dividend

Shiva Texyarn has announced a final dividend of Rs.4.50 per share (45% on a Rs.10 face value), subject to shareholder approval, rewarding investors after a strong rebound to a consolidated net profit of Rs.12.06 Cr. The board also approved the re-appointment of Managing Director Sri S K Sundararaman for three more years, pending consent. To boost sustainability, the company plans to acquire an 11.5% stake in Finecot Spinning Mills Pvt Ltd for captive solar power sourcing, aligning growth with green initiatives.