Mawana Sugars Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on Jun 28, 2025
MAWANASUG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mawana Sugars Limited has notified the exchanges about its 61st AGM scheduled for Saturday, June 28, 2025 at 11:00 AM via Video Conferencing. Key items on the agenda include adoption of audited financial statements for FY25, declaration of a final dividend of Rs. 1 per share (face value Rs. 10) on top of an interim dividend of Rs. 3 per share already paid during FY25 — taking total dividend to Rs. 4 per share. Other items cover reappointment of director Mr. Krishna Shriram (retiring by rotation), ratification of Cost Auditor M/s Bahadur Murao & Co.'s remuneration at Rs. 2 lakh, appointment of M/s Nirbhay Kumar & Associates as Secretarial Auditor for 5 years (FY26–FY30), and approval of Managing Director Mr. Rakesh Kumar Gangwar's remuneration of Rs. 2.28 crore plus Rs. 10 lakh variable pay for the period Aug 13, 2025 to Aug 12, 2026. The company reported Total Revenue of Rs. 1,455.02 crore and Net Profit of Rs. 71.40 crore in FY25, up from Rs. 42.59 crore in FY24.
This is a routine AGM notice, but it confirms a total dividend of Rs. 4 per share for FY25 and shows strong profit growth (up ~68% YoY). Shareholders should note the record date is June 21, 2025 for dividend eligibility, with payment by July 27, 2025. The resolutions are largely procedural and unlikely to move the stock sharply, though consistent profitability signals stable operations.