Uttam Sugar Mills Board Approves FY26 Results, Recommends 25% Equity Dividend
Uttam Sugar Mills' Board approved audited standalone and consolidated financial results for FY26 ending March 31, 2026. The Board recommended a dividend of ₹2.50 per equity share (25%) for FY26. M/s S. S. Kothari Mehta & Company LLP was re-appointed as Internal Auditor for three years, and M/s. M. K. Singhal & Co. as Cost Auditor for FY27.
The approval of financial results and dividend recommendation are material events. The re-appointment of auditors is routine but important for governance.
The company reported audited financial results and recommended a dividend, which are generally positive indicators for shareholders.
Uttam Sugar Mills Limited announced the outcome of its Board of Directors meeting held on 15th May, 2026. The Board approved the Audited Financial Results, both standalone and consolidated, for the quarter and year ended 31st March, 2026. The meeting also received the Auditors' Report on these financial results.
Furthermore, the Board recommended a dividend of ₹2.50 per equity share (25%) for the financial year ended 31st March, 2026. This recommendation is subject to shareholder approval at the upcoming Annual General Meeting (AGM). Additionally, a dividend of 6.50% on Series-I Non-Cumulative Redeemable Preference shares and 10.00% on Series-II Non-Cumulative Redeemable Preference shares for the same period was recommended.
In terms of appointments, the Board re-appointed M/s S. S. Kothari Mehta & Company LLP as the Internal Auditor for three financial years (2026-27, 2027-28, and 2028-29), commencing from 15th May, 2026. The firm, established in 1953, provides a wide range of professional services. The Board also re-appointed M/s. M. K. Singhal & Co. as the Cost Auditor for the financial year 2026-27, effective from 15th May, 2026.
The Board meeting commenced at 2:00 PM IST and concluded at 5:15 PM IST.
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