The Andhra Sugars Limited Board Recommends Dividend of Rs. 1.20 Per Share
The Andhra Sugars Limited announced that its Board of Directors, in a meeting held on May 30, 2026, recommended a total dividend of Rs. 1.20 per share on Equity Shares (with a face value of Rs. 2/-) for the financial year ending March 31, 2026.The recommended dividend, which is subject to the approval of the shareholders, comprises two components: a Normal Dividend of Rs. 1.00 and a Special Dividend of Rs. 0.20.
The financial details of the recommended dividend are summarized below:
| Component | Dividend Amount (Per Share) | Percentage (%) |
|---|---|---|
| Normal Dividend | Rs. 1.00 | 50% |
| Special Dividend | Rs. 0.20 | 10% |
| Total Recommended Dividend | Rs. 1.20 | 60% |
The company has scheduled an Annual General Meeting (AGM) to consider and potentially approve the dividend. The AGM is set to take place on September 24, 2026.
To facilitate the AGM and the payment of the proposed dividend, the Register of Members and Share Transfer books will be closed. The book closure period is scheduled from Saturday, September 19, 2026, through Thursday, September 24, 2026, inclusive.
Shareholders who are recorded in the Register of Members by the end of business hours on September 18, 2026, will be eligible to receive the dividend, pending shareholder approval at the AGM. Furthermore, the dividend warrants, dated September 29, 2026, will begin being posted to eligible shareholders from September 29, 2026, onwards.
ANDHRSUGAR Stock Price Movement
On Friday, The Andhra Sugars Limited shares edged higher to close at ₹89.43, posting a solid 2.32% gain in the session. The stock saw a notable trading volume of 465,695 shares during the day.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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