Siyaram Silk Mills Limited has announced July 22, 2025, as the record date for determining the eligibility of shareholders for its proposed final dividend of ₹5 per equity share for the financial year 2024-25. This dividend, representing 250% of the face value of ₹2 per share, is subject to approval by the company's shareholders at its 47th Annual General Meeting (AGM) scheduled for August 2, 2025.
| Particulars | Details |
|---|---|
| Company Name | Siyaram Silk Mills Limited |
| Dividend Type | Final Dividend |
| Dividend per share | ₹5.00 |
| Dividend Percentage | 250% (on face value of ₹2 per share) |
| Financial Year | 2024-25 |
| Record Date | July 22, 2025 |
| AGM Date for Approval | August 2, 2025 |
Dividend Details
Siyaram Silk Mills Limited, a prominent name in the textile industry, has proposed a final dividend of ₹5 per equity share for the fiscal year ended March 31, 2025. This translates to a significant 250% dividend payout when calculated against the company's equity share face value of ₹2 per share. The announcement underscores the company's commitment to returning value to its shareholders, reflecting its financial performance during the recently concluded financial year. The proposed dividend is a key highlight for investors, signaling the company's profitability and its policy of distributing a portion of its earnings.
Record Date Significance
The company has set Tuesday, July 22, 2025, as the crucial record date for this final dividend. The record date is a pivotal cut-off date established by the company to determine which shareholders are eligible to receive the dividend. Only those individuals or entities whose names appear in the company's register of members or in the records of the depositories as beneficial owners of the shares at the close of business on July 22, 2025, will be entitled to receive the proposed dividend. This mechanism ensures clarity and fairness in the distribution process, providing a definitive snapshot of the shareholder base for dividend entitlement. Investors who wish to be eligible for this dividend must ensure that their shares are held in their dematerialized (demat) accounts by this specified date.
AGM and Approval Process
It is important to note that the final dividend of ₹5 per share is currently a proposal by the Board of Directors. The actual declaration and payment of this dividend are contingent upon the approval of the company's shareholders. This approval will be sought at the 47th Annual General Meeting (AGM) of Siyaram Silk Mills Limited, which is scheduled to be held on Friday, August 2, 2025. During the AGM, shareholders will vote on the resolution pertaining to the final dividend. Once approved by the shareholders, the dividend will be processed and disbursed in accordance with the regulatory timelines. The AGM serves as a critical platform for shareholders to exercise their rights and approve key financial decisions, including dividend payouts, which directly impact their returns.
Shareholder Impact
The proposed final dividend is a positive development for the shareholders of Siyaram Silk Mills Limited. For existing shareholders, it represents a direct return on their investment, reflecting the company's financial health and its ability to generate distributable profits. For potential investors, a consistent dividend policy, as indicated by this announcement, can enhance the attractiveness of the stock, signaling financial stability and a shareholder-friendly approach. The dividend payout contributes to the overall total return for investors, combining capital appreciation with regular income. The company's decision to propose a 250% dividend on its face value underscores its commitment to rewarding its investor base for their continued trust and investment.
