Mawana Sugars Limited Recommends 40% Dividend for Shareholders; AGM Scheduled
Mawana Sugars Limited announced key decisions following its Board of Directors meeting held on June 5, 2026. The Board recommended a dividend for shareholders while also setting the date for the company’s 62nd Annual General Meeting (AGM).The Board of Directors decided to recommend a dividend of 40% per equity share of face value ₹10 each for the financial year ended March 31, 2026. This dividend recommendation is subject to approval by the shareholders at the upcoming AGM. If approved, the company confirmed that the dividend will be paid or dispatched to all eligible shareholders within 30 days from the date of the AGM.
In addition to the dividend recommendation, the meeting fixed the Record Date for June 27, 2026. This date is designated to determine the entitlement of shareholders for the dividend payment.
The company also provided notice for its 62nd Annual General Meeting (AGM). The AGM is scheduled to take place on Saturday, July 4, 2026, and will be conducted through Video Conferencing (VC) or other Audio-Visual Means (OAVM).
The Board meeting commenced at 11:00 AM and concluded at 11:30 AM.
MAWANASUG Stock Price Movement
Mawana Sugars Limited's shares are rallying at ₹100.45 as of 12:00 PM today, surging by 3.08% in live trading. The stock has seen significant activity, with 43,049 shares traded in the current market 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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