StockWatch
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Sugar
Board Meeting12 May 2026, 02:54 pm

Avadh Sugar: Final Dividend of ₹10/Share Approved

AI Summary

Avadh Sugar & Energy Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026. They recommended a final dividend of ₹10 (100%) per equity share, subject to shareholder approval. Mr. Amit Dalal was appointed as an Independent Director for 5 years, and Mr. Somnath Mukherjee was re-appointed as Cost Auditor for FY 2026-27, pending shareholder ratification. The meeting concluded at 2:35 p.m.

Key Highlights

  • Audited financial results for the quarter and year ended March 31, 2026 approved.
  • Final dividend of ₹10/share (100%) recommended, subject to shareholder approval.
  • Amit Dalal appointed as Independent Director for a 5-year term.
  • Somnath Mukherjee re-appointed as Cost Auditor for FY 2026-27, pending ratification.