Sukhjit Starch & Chemicals Approves FY 2026 Results, Recommends Dividend, and Changes Registered Office

Sukhjit Starch & Chemicals Approves FY 2026 Results, Recommends Dividend, and Changes Registered Office​

Sukhjit Starch & Chemicals Limited conducted a Board meeting on May 27, 2026, during which the Board approved several key corporate actions, including the annual and quarterly financial results, a recommendation for a final dividend, and a change in the company's registered office address.

Financial Results and Dividend Recommendation

The Board approved the audited financial results and statements of the Company for two key periods. Firstly, the Board approved the Audited Financial Results (Standalone and Consolidated) for the quarter ended March 31, 2026. Secondly, the Board approved the Audited Financial Statements (Standalone and Consolidated) for the full financial year ended March 31, 2026.

Regarding shareholder returns, the Board recommended a Final Dividend of 20¾, equating to Rs. 1/- per equity share of Rs. 5/- each for the financial year 2025-26. This dividend is subject to the approval of the Company’s members at the ensuing Annual General Meeting.

Change of Registered Office

In a significant structural change, the Board approved shifting the registered office of Sukhjit Starch & Chemicals Limited. The company will shift its registered office from its current location at Sarai Road, Phagwara, Distt. Kapurthala-144401, to Rehana Jattan, Teh. Phagwara, Distt. Kapurthala-144407. The new address is situated outside the local limits of the city but remains within the same Tehsil/District of Punjab and falls under the jurisdiction of the same Registrar of Companies.

Management and Audit Appointments

The Board also made approvals concerning the company's management and auditing structure.

In terms of director appointments, the Board approved the re-appointment of Sh. Madan Gopal Sharma, Executive Director, for an additional period of five years. His term will be effective from June 1, 2026, to May 31, 2031, pending shareholder approval at the Annual General Meeting.

Furthermore, the Board approved the re-appointment of M/s Kushwinder Kumar & Associates, Cost Accountants. They have been appointed as the Cost Auditors to conduct the Cost Audit of the Company for the financial year ending March 31, 2027, subject to ratification of their remuneration by the Shareholders.

SUKHJITS Stock Price Movement​

Shares of Sukhjit Starch & Chemicals Limited are gaining momentum, hitting ₹206.95 as of 2:57 PM, reflecting a daily jump of 1.29%. The positive movement is supported by robust trading activity, with the stock handling a volume of 188,609 shares.