Magadh Sugar & Energy Ltd Sets Record Date for Dividend Distribution
Magadh Sugar & Energy Ltd has announced the record date for determining shareholders eligible to receive a dividend of Rs 12.50 per equity share, pertaining to the financial year 2025-26. The company has fixed Friday, July 17, 2026, as the designated Record Date.The dividend payment is associated with an equity share value of Rs 10/- each. Shareholders must be eligible on the record date to receive this payment, pending its declaration at the company's forthcoming Annual General Meeting (AGM).
Details regarding the security and the purposes are summarized below:
| Security Code | Symbol | Type of Security | Record Date | Purpose |
|---|---|---|---|---|
| 540650 | MAGADSUGAR | Equity | July 17, 2026 | Payment of Dividend of Rs 12.50 per equity share of Rs 10/- each. |
The dividend declaration is scheduled to take place at the Annual General Meeting (AGM) of the company, which is slated for Wednesday, July 29, 2026. The Record Date ensures that all equity shareholders are accurately identified prior to the AGM proceedings.
MAGADSUGAR Stock Price Movement
Today, Magadh Sugar & Energy Limited saw its stock gain 0.91% in the market close, settling at ₹452.9. The shares traded within a range defined by a low of ₹448.15 and a high of ₹467.9, recording a volume of 6,402 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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