Magadh Sugar fixes record date for ₹12.50 dividend
Magadh Sugar & Energy Ltd has fixed July 17, 2026, as the record date for a ₹12.50 per share dividend, subject to shareholder approval at the 12th AGM on July 29, 2026. The AGM will be held via video conferencing, with remote e-voting available from July 25 to July 28, 2026.
*this image is generated using AI for illustrative purposes only.
Magadh Sugar & Energy Ltd has fixed Friday, July 17, 2026, as the record date to determine shareholder eligibility for a dividend of ₹12.50 per equity share of ₹10 each. The dividend, recommended by the Board for the financial year ended March 31, 2026, is subject to deduction of tax at source and approval by shareholders at the Twelfth Annual General Meeting (AGM). The AGM is scheduled for Wednesday, July 29, 2026, at 11:00 a.m. IST via Video Conferencing or Other Audio Visual Means.
Pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has dispatched letters to shareholders whose email addresses are not registered. These letters provide a web-link to access the Notice of the 12th AGM and the Annual Report for the Financial Year 2025-26 on the company’s website. Shareholders holding shares in physical form are reminded to update KYC details, including PAN, address, and bank account details, to ensure receipt of payments through electronic mode as mandated by SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024.
The facility for remote e-voting will be available from Saturday, July 25, 2026, at 9:00 a.m. IST until Tuesday, July 28, 2026, at 5:00 p.m. IST. The cut-off date for shareholders eligible for e-voting is Wednesday, July 22, 2026. Login credentials for e-voting and participation will be sent via email to registered shareholders. Those holding shares in dematerialised mode are requested to ensure their email addresses are updated with their Depository Participants.
Key AGM Details
| Event | Date | Time |
|---|---|---|
| Record Date | July 17, 2026 | N/A |
| e-Voting Cut-off Date | July 22, 2026 | N/A |
| e-Voting Start Date | July 25, 2026 | 9:00 a.m. IST |
| e-Voting End Date | July 28, 2026 | 5:00 p.m. IST |
| AGM Date | July 29, 2026 | 11:00 a.m. IST |
| Dividend Payment Date | Within 30 days from AGM | N/A |
Historical Stock Returns for Magadh Sugar & Energy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.27% | -1.58% | +7.72% | +15.29% | -16.21% | +48.43% |
How will the ₹12.50 per share dividend impact Magadh Sugar's cash flow and capital allocation plans for the upcoming fiscal year?
What strategic initiatives or growth projects does the company plan to discuss during the 12th AGM?
How might the recent SEBI regulations on electronic payments influence shareholder participation and engagement in the AGM?
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