AVADHSUGARBSEAVADH SUG & ENERGY LTDMediumNeutral
Announced Tue, 28 Jul · 12:51 IST

Avadh Sugar 12th AGM: all resolutions passed, 100% dividend declared

Board & Shareholder Meetings View source PDF

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AI summary

Avadh Sugar & Energy held its 12th AGM on July 28, 2026 via video conference, chaired by Co-Chairperson and MD Chandra Shekhar Nopany. All 6 resolutions were passed with requisite majority. Key items: adoption of FY26 audited financials, declaration of 100% dividend (Rs 10 per equity share of Rs 10 face value), re-appointment of Sukhvir Singh as Director, ratification of Cost Auditor remuneration, and appointment of Amit Dalal and Rahul Chhabra as Independent Directors for 5 years each. 72 members attended.

Likely market impact

100% dividend (Rs 10 per share) declared for FY26. Two new Independent Directors appointed. All resolutions approved by shareholders.