ALPHA TRIBE

Sai Silks (Kalamandir) LimitedOthers, 01-08-2025: Shareholders meeting

01-08-2025 | 10:44 pm

Sai Silks (Kalamandir) Limited has announced its 17th Annual General Meeting for August 29, 2025, where shareholders will consider a proposed final dividend of ₹1.00 per equity share. For the financial year 2024-25, revenue increased to ₹1,462 Crore, although profit after tax was ₹85 Crore, impacted by a one-time tax provision. The company expanded its retail presence to 68 stores across 20 cities. Significant IPO proceeds were utilized towards new stores and working capital, with ongoing plans for further business expansion. Shareholders will also consider the reappointment of a Whole Time Director and the appointment of Secretarial Auditors.

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