Sugar Stock Declares ₹10 Dividend (Record Date This Week)

MySandesh
3 Min Read

Investors looking to earn a dividend from Avadh Sugar & Energy should keep an eye on this week’s important dates.

The company has fixed July 17, 2026, as the record date for its final dividend.

Since Indian stock markets follow the T+1 settlement cycle, investors must buy the company’s shares on or before July 16 to become eligible for the dividend.

Rs 10 Dividend Proposed for Shareholders

Avadh Sugar & Energy’s board has recommended a final dividend of Rs 10 per equity share with a face value of Rs 10 for the financial year ended March 31, 2026.

The proposal will be placed before shareholders for approval at the company’s Annual General Meeting (AGM), which is scheduled for July 28, 2026.

If shareholders approve the proposal, the dividend will be paid within the timeline prescribed under applicable regulations.

The company is yet to announce the exact payment date.

Important Dividend Dates

Dividend: Rs 10 per equity share

Face Value: Rs 10 per share

Last Date to Buy Shares: July 16, 2026

Record Date: July 17, 2026

AGM: July 28, 2026

Dividend Payment Date: To be announced

Company Has Maintained a Consistent Dividend Record

Avadh Sugar & Energy has maintained a steady dividend payout over the past five years.

The company has recommended or paid a Rs 10 per share dividend every year since 2022.

YearDividend Per Share
2026Rs 10 (Proposed)
2025Rs 10
2024Rs 10
2023Rs 10
2022Rs 10

This consistent payout may be seen as a positive sign for income-focused investors.

FY26 Profit Falls Despite Higher Revenue

For the financial year 2025-26, the company reported total income of Rs 2,698.57 crore, slightly higher than Rs 2,639.40 crore in the previous year.

Revenue from operations also increased to Rs 2,693.52 crore.

However, profitability declined during the year.

Net profit fell to Rs 57.31 crore, compared with Rs 87.94 crore in FY25.

Earnings per share (EPS) declined to Rs 28.63 from Rs 43.93 a year earlier.

Among its business segments, the company reported lower profits from its sugar and distillery businesses, while the co-generation segment posted improved performance.

Avadh Sugar Share Price

On July 15, Avadh Sugar & Energy shares were trading at around Rs 545 on the NSE, gaining more than 3% during the trading session.

The stock touched an intraday high of Rs 545 and had a market capitalization of around Rs 1,091 crore.

Over the past 52 weeks, the stock has traded between Rs 307.75 and Rs 545.90.

Investors planning to receive the proposed dividend should remember that July 16 is the last day to buy the shares, as purchases made after that date will not qualify for the dividend due to the T+1 settlement rule.

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