Uttam Sugar Mills Limited has informed the Exchange that Board of Directors at its meeting held on May 15, 2026, recommended Final Dividend of Rs. 2.50 per equity share.
UTTAMSUGAR · price
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The Board of Directors of Uttam Sugar Mills Limited recommended a final dividend of Rs. 2.50 per equity share (25% on face value of Rs. 10) for FY 2025-26, subject to shareholder approval at the ensuing AGM. The Board also approved a 6.50% dividend on Series-I Non-Cumulative Redeemable Preference Shares and 10% on Series-II Non-Cumulative Redeemable Preference Shares. Additionally, the Board approved the audited standalone and consolidated financial results for the quarter/year ended March 31, 2026, with an unmodified audit opinion. M/s S. S. Kothari Mehta & Company LLP was re-appointed as Internal Auditor for 3 years (FY 2026-27 to FY 2028-29), and M/s M. K. Singhal & Company was re-appointed as Cost Auditor for FY 2026-27.
The dividend of Rs. 2.50 per share is a positive signal for equity shareholders, indicating the company generated sufficient profits. However, without the current market price, the dividend yield cannot be assessed relative to the 3% threshold.