Siyaram Silk Mills Declares ₹3 Interim Dividend, Reports Q3 FY25 Financials

Mumbai, January 25, 2025 – Siyaram Silk Mills Limited (NSE: SIYSIL, BSE: 503811) has announced its Q3 FY25 financial results and declared a second interim dividend of ₹3 per equity share (150%) for the fiscal year 2024-25.

Key Announcements from the Board Meeting​

1. Financial Results Approval
   • The Board approved the unaudited standalone and consolidated financial results for the quarter and nine months that ended December 31, 2024.
   • The results were reviewed by statutory auditors M/s. Jayantilal Thakkar & Co.
2. Interim Dividend Declaration
   • Dividend Amount: ₹3 per share (150% on the face value of ₹2 per share).
   • Record Date: February 3, 2025.
   • Payment Timeline: To be credited/dispatched within 30 days as per the Companies Act, 2013.

The Board meeting commenced at noon and concluded at 4:00 PM on January 25, 2025.

Investor Implications & Market Outlook​

The interim dividend reflects Siyaram’s stable financial performance and commitment to shareholder returns. Investors will now closely analyze the company’s revenue and profitability trends, which will be detailed in the financial statements.