StockWatch
·
Sugar
Quarterly Result12 May 2026, 08:02 pm

Magadh Sugar: FY26 Results, Final Dividend ₹12.50/Share

AI Summary

Magadh Sugar & Energy Ltd. announced audited financial results for the year ended March 31, 2026. The board approved the financial results and recommended a final dividend of ₹12.50 (125%) per equity share of ₹10 each, 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, subject to ratification by shareholders.

Key Highlights

  • Audited financial results for FY26 approved by the Board.
  • Final dividend of ₹12.50 per share recommended, pending shareholder approval.
  • Rajan Arvin Dalal appointed as Independent Director for 5 years.
  • M/s D Radhakrishnan & Co. re-appointed as Cost Auditor for FY27.
  • Meeting commenced at 12:00 Noon and concluded at about 02:45 p.m.