Board of Directors of the Company at its meeting held today, approved the appointment of Internal Auditor and Cost Auditor
UTTAMSUGAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Uttam Sugar Mills Ltd's Board meeting on May 15, 2026 approved the audited financial results (standalone and consolidated) for Q4/FY ended March 31, 2026, with an unmodified audit opinion from statutory auditors. The Board recommended a 25% dividend (Rs. 2.50 per equity share) for equity shareholders and preference dividends of 6.50% on Series-I and 10.00% on Series-II preference shares, all subject to shareholder approval at the AGM. The company re-appointed M/s S. S. Kothari Mehta & Company LLP as Internal Auditor for three years (FY 2026-29) and M/s M. K. Singhal & Co. as Cost Auditor for FY 2026-27.
The unmodified audit opinion signals clean financials with no concerns from auditors. Dividend recommendations indicate the company generated sufficient profits. Continued engagement of established audit firms provides assurance to shareholders about governance standards.