Suryalata Spinning Mills Ltd Board recommends Dividend of Rs. 1 for FY20

The Board of Directors of Suryalata Spinning Mills Ltd at its meeting held on June 25, 2020, has recommended a dividend of 10% i.e. Rs. 1.00 per Equity Share with Face Value of Rs.10/- each to non-promoter shareholders of the company for the financial year ended March 31, 2020, subject to the approval of shareholders at the ensuing Annual General Meeting. Promoters have volunteered to waive dividend on their holdings of preference shares and also on equity shares for the Financial Year 2019-20.

Shares of SURYALATA SPINNING MILLS LTD. was last trading in BSE at Rs.84.25 as compared to the previous close of Rs. 86.25. The total number of shares traded during the day was 954 in over 15 trades.

The stock hit an intraday high of Rs. 88.7 and intraday low of 84.25. The net turnover during the day was Rs. 81497.

Source : Equity Bulls

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