
Dividend11 May 2026, 03:17 pm
Magadh Sugar Recommends ₹12.50/Share Final Dividend (125%)
AI Summary
Magadh Sugar & Energy Ltd's Board of Directors, in its meeting on May 11, 2026, recommended a final dividend of ₹12.50 per equity share (125%) for the financial year ended March 31, 2026, subject to shareholder approval. The board also approved the audited financial results for the quarter and year ended March 31, 2026. Additionally, 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
- Final dividend of ₹12.50 per share (125%) recommended for FY26.
- Audited financial results for Q4 and FY26 approved.
- Rajan Arvin Dalal appointed as Independent Director.
- D Radhakrishnan & Co. re-appointed as Cost Auditors for FY27.
Price Impact
More from MAGADHSUGAR