StockWatch
·
Sugar
Dividend5 Jun 2026, 11:49 am

Mawana Sugars Recommends 40% Dividend

AI Summary

Mawana Sugars Ltd announced that its Board of Directors has recommended a dividend of 40%, or ₹4 per equity share of face value ₹10, for the financial year ended March 31, 2026. This recommendation is subject to shareholder approval at the upcoming 62nd Annual General Meeting (AGM) scheduled for July 4, 2026. The company has fixed June 27, 2026, as the record date for determining dividend entitlement. The dividend, if approved, will be paid within 30 days of the AGM. The Board meeting took place on June 5, 2026.

Key Highlights

  • Board recommends 40% dividend (₹4 per ₹10 share) for FY26.
  • Dividend subject to shareholder approval at the 62nd AGM.
  • Record date set as June 27, 2026.
  • AGM scheduled for July 4, 2026, via Video Conferencing.
  • Dividend payment within 30 days post-AGM, if approved.