Uttam Sugar Mills Recommends 25% Dividend, Approves FY26 Results
Uttam Sugar Mills approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board recommended a dividend of ₹2.50 per equity share (25%). 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 recommendation of a dividend and approval of financial results are material events for shareholders. The re-appointment of auditors is a routine but important corporate action.
The company announced positive financial results and recommended a dividend, which is generally viewed favorably by investors.
Uttam Sugar Mills Limited announced the outcome of its Board Meeting held on May 15, 2026. The Board has approved the Audited Financial Results for the quarter and year ended March 31, 2026, both on a standalone and consolidated basis.
Key financial highlights include the approval of the audited financial results for the period ending March 31, 2026. The Board has recommended a dividend of ₹2.50 per equity share (25%) for the financial year ended March 31, 2026. 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 has been recommended for the same period. These dividends are subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Furthermore, the Board has 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) and M/s. M.K. Singhal & Co. as the Cost Auditor for the financial year 2026-27. The meeting commenced at 2:00 PM and concluded at 5:15 PM IST.
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Uttam Sugar Mills Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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