ANDHRSUGARNSEThe Andhra Sugars Limited· Chemicals - InorganicHighPositive
Announced Thu, 29 May · 13:23 IST

The Andhra Sugars Limited has informed the Exchange that Board of Directors at its meeting held on May 29, 2025, recommended Final Dividend of 40 per equity share.

Corporate Actions View source PDF

ANDHRSUGAR · price

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Awaiting price reaction for this filing.

AI summary

The Andhra Sugars Limited has announced that its Board of Directors, at a meeting held on May 29, 2025, has recommended a Final Dividend of ₹40 per equity share for its shareholders. The dividend will be subject to approval by shareholders at the upcoming Annual General Meeting. The final dividend amount is to be paid over and above any interim dividend already declared, if applicable. Payment details including record date and book closure dates would be communicated separately.

Likely market impact

A ₹40 per share final dividend is a substantial payout and signals strong cash generation, which is generally positive for shareholders seeking regular income. The stock may see some short-term support around the ex-dividend date, though long-term price action depends on the company's sugar business outlook and commodity cycle.