Siyaram Silk Mills Ltd Declares Interim Dividend of Rs 3

The Board of Directors of Siyaram Silk Mills Ltd (SIYSIL) held its meeting on 26 October 2021. It has declared Interim Dividend of Rs 3 per equity share for the financial year 2021-22. The meeting commenced at 4.30 p.m. and concluded at 7.20 p.m.

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Siyaram Silk Mills Ltd Q2FY22 Result

For the quarter ended September 30, 2021, the company’s total income was Rs. 486.87 crore, against Rs. 185.99 crore in the corresponding quarter of the previous year. The company’s net profit was Rs. 52.89 crore, against Rs. -14.05 crore in the corresponding quarter of the previous year.

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Siyaram Silk Mills Ltd Dividend Record Date

The company in its letter has informed the exchanges that it has fixed 3 November 2021 as the Record date. Consequently, the declared dividend will be paid to those members who hold shares in physical form or in electronic form and whose names appear in the Register of Members of the Company on Record Date.

Moreover, to receive dividend, you must have shares in your demat account on record date. Hence, you should buy shares before ex-dividend date. Note – In conclusion, if you buy shares on ex-dividend date, you will not be eligible to receive dividend. Bookmark our website for latest and upcoming dividend announced by companies in 2021.

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Above all, here is the copy of statement, the company has sent to the exchanges:

This is to inform you that our Board at its meeting held on Tuesday, 26th October, 2021, has considered and declared 1st Interim Dividend of Rs. 3/- (150%) per equity share on the Paid up -Equity Shares of Rs. 2 /- each, for the Financial Year 2021-22.

Important Dates

  • Company – Siyaram Silk Mills Ltd
  • Script Name – SIYSIL (NSE) and 503811 (BSE)
  • Dividend Amount – 3 Rs Per Share
  • Dividend Type – Interim
  • Ex-Dividend Date – 2 November 2021
  • Record Date – 3 November 2021
  • Payment Date – 25 November 2021

Also, you can find more information about Siyaram Silk Mills Ltd on National Stock Exchange and Moneycontrol – SIYSIL Ltd is a leading producer of blended fabrics in India. The company is one of the most renowned vertically integrated textile companies in the country.

 

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