ANDHRSUGARNSEThe Andhra Sugars Limited· Chemicals - InorganicHighPositive
Announced Sat, 30 May · 16:49 IST

The Andhra Sugars Limited has informed the Exchange that Board of Directors at its meeting held on May 30, 2026, recommended Final Dividend of Rs. 1.20 per equity share.

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ANDHRSUGAR · price

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Price reaction · full curve 14 horizons · vs prior close
-12.3%1-day move
₹89.02
prior close
₹86.26
base price
After-mkt
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-2.2-2.6-2.4-3.4-12.3-11.0-10.5-10.1-12.4-7.2-5.1-11.3
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AI summary

The Board of Directors at its meeting on May 30, 2026 recommended a final dividend of Rs. 1.20 per equity share (60%) on the face value of Rs. 2/-. The dividend comprises a normal dividend of Rs. 1/- (50%) and a special dividend of Rs. 0.20 (10%) for FY2026. The dividend is subject to shareholder approval at the 79th AGM scheduled for September 24, 2026. The record date for eligibility is September 18, 2026, and dividend warrants will be dispatched from September 29, 2026 onwards.

Likely market impact

The inclusion of a special dividend component on top of the regular dividend is a positive signal, indicating strong financial performance. Shareholders can expect dividend income if the proposal passes at the AGM.