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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On the reaction day the stock moved 3.5 pts less than Nifty Microcap 250 and 3.1 pts less than its Sugar peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Uttam Sugar Mills Board has recommended a final dividend of Rs. 2.50 per equity share (25% on face value of Rs. 10) for FY 2026, subject to shareholder approval at the ensuing AGM. The company also approved audited standalone and consolidated financial results for the quarter/year ended March 31, 2026 with an unmodified audit opinion. Additionally, dividends were recommended on preference shares - 6.50% on Series-I and 10% on Series-II non-cumulative redeemable preference shares. The board also re-appointed S.S. Kothari Mehta & Company LLP as internal auditor for three years and M.K. Singhal & Co. as cost auditor for FY 2026-27.
The dividend recommendation signals financial health and commitment to shareholder returns, though the actual yield depends on the prevailing stock price. Shareholders should note this is pending AGM approval.