StockWatch
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Sugar
Quarterly Result11 May 2026, 03:00 pm

Magadh Sugar: FY26 Final Dividend ₹12.50/Share

AI Summary

Magadh 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 ₹12.50 (125%) per equity share of ₹10 each, subject to shareholder approval. The board also approved the appointment of Mr. Rajan Arvin Dalal as an Independent Director and the re-appointment of M/s D Radhakrishnan & Co. as Cost Auditor for FY 2026-27.

Key Highlights

  • Audited financial results for the quarter and year ended March 31, 2026, approved.
  • Final dividend of ₹12.50 (125%) per share recommended, pending shareholder approval.
  • Mr. Rajan Arvin Dalal appointed as an Independent Director for 5 years.
  • M/s D Radhakrishnan & Co. re-appointed as Cost Auditor for FY 2026-27.
  • Board meeting commenced at 12:00 Noon and concluded at 02:45 p.m.