Soma Textiles Recommends Final Dividend of Rs 0.5 Per Share; Fixes Record Date for AGM
Soma Textiles & Industries Limited has announced outcomes from its Board meeting held on June 12, 2026. The company has recommended a final dividend for its shareholders and set the date for the upcoming Annual General Meeting (AGM).The Board approved a Final dividend of Rs 0.5/- per Equity Share. This recommendation was made for the financial year ended March 31, 2026. The company's equity share face value is Rs 10/-, representing a 5% rate on the shares. Should the final dividend be declared by shareholders at the AGM, it will be paid within statutory timelines after applicable taxes are deducted.
The Board also approved the convening of the company’s 88th AGM. This meeting is scheduled for Friday, July 31, 2026, and will be conducted through Video Conferencing or other Audio Visual Means. Furthermore, the company fixed Friday, July 17, 2026, as the Record Date to determine the entitlement of members to receive the Final Dividend for the Financial Year ended March 31, 2026, pending shareholder approval at the AGM.
SOMATEX Stock Price Movement
Today, shares of Soma Textiles & Industries Limited edged higher, closing at ₹94.96 after gaining 2.00%. The stock saw a traded volume of 12,296 shares in the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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