Filter announcements
Loading...
Magadh Sugar & Energy Limited is primarily engaged in the manufacture and sale of sugar and its by-products (molasses, bagasse and press-mud), denatured spirits including ethanol and power. The Company is part of the K. K. Birla Group of Sugar Companies.
Magadh Sugar & Energy will hold its 12th Annual General Meeting (AGM). The Annual Report for FY25-26 is available for access. A record date for the final dividend has been set; payment is expected within 30 days post-AGM.
Magadh Sugar & Energy's Board approved financial results for the quarter and year, reporting a net profit of 63.51 Cr for the year. The Board proposed a final dividend of Rs. 12.50 per share and appointed Mr. Rajan Arvin Dalal as Independent Director, while re-appointing Cost Auditors.
Magadh Sugar & Energy's board approved audited financial results for the latest quarter and fiscal year. A final dividend of Rs. 12.50 per share was proposed, pending shareholder approval. An Independent Director was appointed for five years, and Cost Auditors re-appointed.
Magadh Sugar & Energy shareholders have approved the appointment of Mrs. Shalini Nopany as a Non-Executive Director through postal ballot. The resolution passed with 99.89% votes in favor, marking a board governance development.
Magadh Sugar & Energy reported a sharp drop in the financial results for the quarter. Revenue from operations declined to ₹333.04 Cr, down from ₹359.39 Cr year-on-year. Net profit plunged to ₹0.22 Cr, a significant decrease from ₹11.43 Cr in the prior year. Earnings per share stood at ₹0.16 versus...