Avadh Sugar & Energy announces AGM, dividend despite revenue dip

Avadh Sugar & Energy Limited announced its 11th Annual General Meeting will be held on July 30, 2025. The company's board is recommending a dividend of INR 10 per equity share, subject to shareholder approval. This recommendation comes despite the company reporting revenue from operations (Gross) of INR 263,559.08 Lakhs for the financial year ended March 31, 2025, a slight decrease from the previous year's INR 269,351.44 Lakhs. The company attributes the dip to challenging conditions in the sugar sector and lower ethanol sales.