Board of Directors at its meeting held on May, 15, 2026 recommended a Final Dividend of Rs. 2.50 per Equity Share
UTTAMSUGAR · price
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Uttam Sugar Mills Ltd's Board of Directors, meeting on May 15, 2026, approved the Audited Financial Results (Standalone and Consolidated) for FY ended March 31, 2026, receiving an unmodified (clean) audit opinion from statutory auditors. The Board recommended a Final Dividend of Rs. 2.50 per equity share (25% on face value of Rs. 10) for the year, subject to shareholder approval at the AGM. Additionally, preference share dividends of 6.50% on Series-I and 10.00% on Series-II Non-Cumulative Redeemable Preference shares were recommended. The company re-appointed S. S. Kothari Mehta & Company LLP as Internal Auditor for three years (FY 2026-27 to 2028-29) and M. K. Singhal & Company as Cost Auditor for FY 2026-27.
The recommended 25% dividend signals the company's ability to generate cash flows and distribute profits to shareholders. The unmodified audit opinion indicates clean financial statements with no qualifications from auditors, which is a positive indicator for investor confidence.