Magadh Sugar & Energy Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on August 02, 2025
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Magadh Sugar & Energy Limited has notified the stock exchanges about its 11th AGM scheduled for Saturday, August 2, 2025, at 11:00 AM via Video Conferencing. Key business items include adoption of FY25 audited financial statements, declaration of a dividend of ₹12.50 per equity share (125% on face value of ₹10), and re-appointment of Mr. Chandra Shekhar Nopany as a director retiring by rotation. The record date for dividend eligibility is July 18, 2025, and remote e-voting will run from July 29 to August 1, 2025. Additionally, shareholders will vote on ratifying the cost auditor's fee (₹1.37 lakh), appointing Vinod Kothari & Co. as secretarial auditor for 5 years (FY26–FY30), and appointing Mr. Pankaj Singh as Director and Whole-time Director for 3 years.
Shareholders holding shares as of July 18, 2025 will be eligible for the ₹12.50 dividend if approved at the AGM. The director appointments and auditor changes are routine governance items and unlikely to materially move the stock, but the dividend confirmation provides clarity on near-term cash returns for investors.