Sai Silks (Kalamandir) Recommends ₹1.50 Final Dividend; Appoints New CEO and Director
Sai Silks (Kalamandir) recommended a final dividend of ₹1.50 per share for FY 2025-26. Mr. Bharadwaj Rachamadugu was appointed CEO, effective May 12, 2026. Ms. Sridevi Dasari was appointed Additional Director. The company reported a profit after tax of ₹140.92 crore for FY 2025-26.
The dividend recommendation and leadership changes are significant for the company's governance and future strategy, impacting stakeholders, but do not represent a major shift in business operations.
The announcement is positive due to the recommendation of a final dividend and key appointments in leadership roles, indicating growth and stability.
Sai Silks (Kalamandir) Limited announced the outcome of its Board meeting held on May 12, 2026. The Board approved the financial results for the fourth quarter and the full financial year ended March 31, 2026, along with the financial statements for FY 2025-26.
The Board recommended a final dividend of ₹1.50 per equity share (75% of face value) for FY 2025-26, subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Key managerial changes were also approved. Mr. Bharadwaj Rachamadugu has been appointed as the Chief Executive Officer (CEO) and Key Managerial Personnel (KMP) of the company, effective May 12, 2026. He is the son-in-law of Managing Director Mr. Nagakanaka Durga Prasad Chalavadi. Ms. Sridevi Dasari has been appointed as an Additional Director under the category of Non-Executive Independent Woman Director, effective May 12, 2026, subject to shareholder approval. Consequently, the Board also approved the reconstitution of various committees, including the Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee, with effect from May 12, 2026.
Ms. Sirisha Chintapalli resigned from the office of Independent Director, effective May 6, 2026. The company also confirmed that the newly appointed CEO and Director are not debarred from holding office by any regulatory authority.
The audited standalone financial results for the year ended March 31, 2026, show a profit after tax of ₹140.92 crore, compared to ₹85.39 crore in the previous year. Revenue from operations for the year ended March 31, 2026, was ₹1,672.52 crore, an increase from ₹1,486.08 crore in the previous year. The total assets as of March 31, 2026, stood at ₹1,848.90 crore, with equity attributable to owners of the company at ₹1,260.47 crore.
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Sai Silks (Kalamandir) Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Sai Silks (Kalamandir) Limited. Read the original for the full detail.