StockWatch
·
Sugar
Dividend5 Jun 2026, 11:53 am

Mawana Sugars Recommends 40% Dividend

AI Summary

Mawana Sugars Ltd's Board of Directors has recommended a dividend of 40% (₹4 per equity share of ₹10 face value) 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. If approved, the dividend will be paid within 30 days of the AGM.

Key Highlights

  • Board recommends 40% dividend for FY26.
  • Dividend subject to shareholder approval at AGM.
  • Record date set for June 27, 2026.
  • AGM scheduled for July 4, 2026.