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Magadh Sugar & Energy LimitedDividend/Bonus, 13-05-2025: Dividend

13-05-2025 | 02:45 pm

Magadh Sugar & Energy Ltd has announced a board meeting to approve the financial results for the quarter and half-year. The Board plans a final dividend of Rs. 12.50 per share (125% payout), pending shareholder approval at the AGM, offering healthy returns to investors. Key leadership changes include the resignation of Mr. Chandra Mohan as Whole-time Director and the appointment of Mr. Pankaj Singh as Whole-time Director and Key Managerial Personnel for three years. The company posted a strong net profit of Rs. 71.51 Cr for the quarter and Rs. 109.45 Cr for the year.

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