The Board of Suryalata Spinning Mills Limited meeting held on May 23, 2022 recommended a dividend of 30% i.e. INR 3 (as against rate of 20% i.e INR 2.00 per share) per Equity Share with Face Value or INR 10 each to non-promoter shareholders of the' company for the financial year ended March 31, 2022, subject to the approval or shareholders at the upcoming Annual General Meeting. Promoters have volunteered to waive dividend on their holdings on equity shares for the Financial Year 2021-22.