Uttam Sugar Mills Recommends 25% Dividend on Equity Shares, Approves FY26 Results
Uttam Sugar Mills approved audited financial results for FY26 ending March 31, 2026. The board recommended a dividend of ₹2.50 per equity share (25%). M/s S. S. Kothari Mehta & Company LLP were re-appointed as Internal Auditors for three years, and M/s M. K. Singhal & Co. as Cost Auditors for FY27.
The approval of financial results and recommendation of dividend are material events for shareholders. The re-appointment of auditors is a routine but important governance aspect.
The company reported positive financial results and recommended a dividend to shareholders, which is generally viewed favorably by the market.
Uttam Sugar Mills Limited announced the outcome of its Board Meeting held on 15th May, 2026. The Board approved the Audited Financial Results (Standalone and Consolidated) for the Quarter and Year ended 31st March, 2026, along with the Auditors' Report.
The Board recommended 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 financial year ended 31st March, 2026. Furthermore, a dividend of ₹2.50 per equity share (25%) on shares with a face value of ₹10 each was also recommended for the same period. Both dividend recommendations are subject to shareholder approval at the upcoming Annual General Meeting.
Additionally, the company announced the re-appointment of M/s S. S. Kothari Mehta & Company LLP as Internal Auditors for three financial years (2026-27, 2027-28, and 2028-29). M/s M. K. Singhal & Co. have been re-appointed as Cost Auditors for the financial year 2026-27. The Board meeting commenced at 2:00 PM IST 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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