ALPHA TRIBE

Magadh Sugar & Energy LimitedOthers, 13-05-2025: Change in Management

13-05-2025 | 04:10 pm

Magadh Sugar & Energy Ltd has announced a board meeting approving the audited annual financial results and the financial results for the quarter and half-year ended March 31, 2025. The Board proposed a final dividend of Rs. 12.50 per share, pending shareholder approval. Significant leadership changes include the resignation of Mr. Chandra Mohan as Wholetime Director and the appointment of Mr. Pankaj Singh in the role for three years. Mr. Ashok Mittal and Mr. Ravindra Kumar Tewari joined as Executive Presidents, with new Secretarial, Internal, and Cost Auditors appointed. Auditors issued an unqualified opinion on the financials.

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