Board Meeting11 May 2026, 03:11 pm
Magadh Sugar: Rajan Arvind Dalal Appointed Independent Director
AI Summary
Magadh Sugar & Energy Ltd appointed Mr. Rajan Arvind Dalal as an Independent Director effective May 11, 2026, subject to shareholder approval. The Board also approved audited financial results for the quarter and year ended March 31, 2026, recommended a final dividend of ₹12.50 per share, and re-appointed M/s D Radhakrishnan & Co. as Cost Auditor for FY 2026-27. The decisions were made at a board meeting held on May 11, 2026.
Key Highlights
- Mr. Rajan Arvind Dalal appointed as Independent Director effective May 11, 2026.
- Board approved audited financial results for the quarter and year ended March 31, 2026.
- Final dividend of ₹12.50 per share recommended for FY 2026, subject to shareholder approval.
- M/s D Radhakrishnan & Co. re-appointed as Cost Auditor for FY 2026-27.
- Meeting commenced at 12:00 Noon and concluded at about 02:45 p.m.
Price Impact
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