Auditor15 May 2026, 09:01 pm
Uttam Sugar Mills Appoints Internal & Cost Auditors for FY27
AI Summary
Uttam Sugar Mills Ltd's Board of Directors approved the re-appointment of M/s S. S. Kothari Mehta & Company LLP as Internal Auditor for three financial years (2026-27 to 2028-29) and M/s M. K. Singhal & Co. as Cost Auditor for the financial year 2026-27. The board also recommended a dividend of 6.50% and 10.00% on Series I and Series II Non-Cumulative Redeemable Preference shares respectively, and ₹2.50 per equity share (25%) for the year ended March 31, 2026, subject to shareholder approval.
Key Highlights
- M/s S. S. Kothari Mehta & Company LLP re-appointed as Internal Auditor for FY27-FY29.
- M/s M. K. Singhal & Co. re-appointed as Cost Auditor for FY27.
- 6.50% and 10.00% dividend recommended on Series I and II preference shares.
- ₹2.50 per equity share (25%) dividend recommended for FY26.
- Audited financial results for the quarter/year ended March 31, 2026, approved.
Price Impact
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