Magadh Sugar fixes record date for ₹12.50 dividend

1 min read     Updated on 23 Jun 2026, 01:52 AM
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Magadh Sugar & Energy Ltd has fixed July 17, 2026 as the record date for a dividend of ₹12.50 per share for FY26, subject to approval at the AGM on July 29, 2026.

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Magadh Sugar & Energy Ltd has fixed Friday, July 17, 2026 as the record date to determine the eligibility of equity shareholders for a dividend of ₹12.50 per share. The dividend is for the financial year 2025-26 and is subject to declaration at the company's forthcoming Annual General Meeting. The meeting is scheduled to be held on Wednesday, July 29, 2026.

The company communicated this decision to the stock exchanges pursuant to Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was formally submitted by S Subramanian, the Company Secretary.

The dividend of ₹12.50 is declared per equity share of ₹10 each. The record date ensures that shareholders listed in the company's records on the specified date will qualify to receive the payout, provided it is approved by the shareholders during the AGM.

BSE Limited Security Code National Stock Exchange Symbol Type of Security Record Date Purpose
540650 MAGADSUGAR Equity Friday, July 17, 2026 Payment of Dividend of Rs. 12.50 per equity share of Rs 10/- each of the Company, if declared at the forthcoming Annual General Meeting of the Company scheduled to be on Wednesday, July 29, 2026.

Magadh Sugar & Energy Ltd is part of the K. K. Birla Group of Sugar Companies. The stock is listed on both BSE Ltd and the National Stock Exchange of India Limited under the symbol MAGADSUGAR.

Historical Stock Returns for Magadh Sugar & Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-0.04%+0.35%-3.39%-11.22%-29.63%+73.68%

How will this dividend payout impact Magadh Sugar's cash flow and capital allocation plans for the remainder of FY 2025-26?

What are the expectations for the company's earnings performance in the upcoming fiscal year to sustain similar dividend levels?

How might the sugar industry's regulatory environment and government policies affect Magadh Sugar's profitability and future shareholder returns?

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Magadh Sugar Executive President withdraws resignation to continue role

0 min read     Updated on 13 Jun 2026, 06:02 AM
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Magadh Sugar & Energy announced that Mr. Vikas Chandra Tyagi has withdrawn his resignation as Executive President of the Sidhwalia unit. He will continue to hold the position without any break in services, following his earlier resignation due to personal reasons effective June 30, 2026.

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magadh sugar & energy announced that Mr. Vikas Chandra Tyagi has withdrawn his resignation as Executive President of the Sidhwalia unit. The company disclosed in a regulatory filing on June 12, 2026, that Mr. Tyagi will continue to hold the position without any break in his services. This development follows the company's previous intimation on June 8, 2026, regarding his resignation due to personal reasons and to pursue other professional opportunities, which was set to be effective at the close of business hours on June 30, 2026.

The withdrawal ensures continuity in the senior management role at the Sidhwalia unit. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that there are no material reasons beyond the stated personal circumstances for the initial resignation.

Management Update

The filing provided specific details regarding the withdrawal of the resignation and the continuation of the senior management personnel's role.

Particulars Details
Name of SMP Mr. Vikas Chandra Tyagi
Designation Executive President, Sidhwalia unit
Status Withdrawn resignation
Service continuity Without any break

Historical Stock Returns for Magadh Sugar & Energy

1 Day5 Days1 Month6 Months1 Year5 Years
-0.04%+0.35%-3.39%-11.22%-29.63%+73.68%

What specific incentives or changes were offered to convince Mr. Tyagi to withdraw his resignation?

How will this decision impact the strategic direction and operational stability of the Sidhwalia unit?

Will Magadh Sugar & Energy adjust its succession planning to prevent similar future uncertainties?

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1 Year Returns:-29.63%