Magadh Sugar & Energy Ltd Share Price – NSE  /  BSE

Sugar, Small Cap

Bajaj shall be relieved from the services of the company at close of business hours on 31 July 2024.

Magadh Sugar & Energy is having three sugar mills at New Swadeshi Sugar Mills, Narkatiaganj (District West Champaran, Bihar), Bharat Sugar Mills (District Sidhwalia, Bihar), Hansanpur Sugar Mills, Hasanpur (District Samastipur, Bihar) with a combined crushing capacity of 19,000 TCD.

The company’s net profit increased 33.8% to Rs 46.88 crore in Q4 FY24 as against Rs 35.05 crore posted in Q4 FY23. Net sales declined 3.5% YoY to Rs 288.12 crore in March 2024 quarter.

The scrip declined 4.84% to close at Rs 778.45 on Thursday, 25 July 2024.

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Magadh Sugar & Energy announced that the 10th Annual General Meeting (AGM) of the company will be held on 1 August 2024.

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Magadh Sugar & Energy announced that the Board of Directors of the Company at its meeting held on 14 May 2024, inter alia, have recommended the special dividend of Rs 5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.

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Magadh Sugar & Energy announced that the Board of Directors of the Company at its meeting held on 14 May 2024, inter alia, have recommended the final dividend of Rs 10 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

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