Magadh Sugar & Energy Limited has informed the Exchange that Record date for the purpose of Dividend is 18-Jul-2025.
MAGADSUGAR · price
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Magadh Sugar & Energy Limited has fixed Friday, 18th July 2025 as the record date to identify shareholders eligible for the final dividend. The proposed dividend is Rs. 12.50 per equity share on a face value of Rs. 10, which translates to a 125% dividend on face value. The dividend is still subject to approval by shareholders at the upcoming Annual General Meeting scheduled for 2nd August 2025. Investors who buy shares on or before 17th July 2025 (with settlement on record date) will be entitled to receive this dividend.
The proposed dividend is generous at Rs. 12.50 per share, but it remains conditional until AGM approval. The stock may see mild buying interest approaching the record date, though the actual yield depends on the prevailing market price.