StockWatch
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Sugar
Quarterly Result11 May 2026, 03:34 pm

Magadh Sugar: FY26 Results; ₹12.50 Dividend Recommended

AI Summary

Magadh Sugar & Energy Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026. A final dividend of ₹12.50 (125%) per equity share of ₹10 each has been recommended, subject to shareholder approval. Mr. Rajan Arvin Dalal was appointed as an Independent Director for a 5-year term, and M/s D Radhakrishnan & Co. were re-appointed as Cost Auditors for FY 2026-27.

Key Highlights

  • Audited financial results for FY26 approved by the board.
  • Final dividend of ₹12.50 per share recommended.
  • Rajan Arvin Dalal appointed as Independent Director.
  • M/s D Radhakrishnan & Co. re-appointed as Cost Auditors for FY27.
  • Meeting concluded at 02:45 p.m. on May 11, 2026.