Sai Silks (Kalamandir) Limited — Others, 01-08-2025: Shareholders meeting

Sai Silks (Kalamandir) Limited has informed about its 17th Annual General Meeting, where shareholders will review the annual financial results for the fiscal year 2024-25. The company's revenue increased to INR 1,462 Crore, while profit after tax was INR 85 Crore, impacted by a one-time INR 21 Crore tax provision. Gross margin improved to 41.8%. Operations saw expansion to 68 stores across 20 cities in 5 states, adding 67,414 sq. ft. to its retail footprint. The agenda includes considering a final dividend of ₹1.00 per share and the reappointment of a Whole Time Director. The company also confirmed full payment of a prior tax liability from a May 2023 tax assessment.