Meeting Details

The 74th AGM was held on Friday, July 10, 2026 at 11:00 a.m. through video conferencing facility provided by National Securities Depository Limited (NSDL). The meeting was conducted in compliance with circulars issued by the Ministry of Corporate Affairs and SEBI, along with provisions of the Companies Act, 2013 and SEBI Listing Regulations.

Proposed Resolutions and Implications

Seven resolutions were proposed for shareholder approval:

1. Adoption of audited Financial Statements (Standalone and Consolidated) for FY ended March 31, 2026 with Auditors' and Directors' Reports (Ordinary Resolution)

2. Declaration of final dividend of ₹1.50 (75%) per equity share (face value ₹2) for FY 2025-26 (Ordinary Resolution)

3. Re-appointment of Gautam Dalmia (DIN: 00009758) as director retiring by rotation (Ordinary Resolution)

4. Re-appointment of Pankaj Rastogi (DIN: 10452835) as director retiring by rotation (Ordinary Resolution)

5. Ratification of remuneration of M/s R. J. Goel & Co., Cost Accountants for FY 2026-27 (Ordinary Resolution)

6. Re-appointment of Gautam Dalmia as Managing Director (Special Resolution)

7. Alteration of Objects Clause of Memorandum of Association (Special Resolution)

Voting Process and Methods

The voting process utilized remote e-voting from Tuesday, July 7, 2026 (09:00 A.M.) to Thursday, July 9, 2026 (05:00 P.M.), with additional e-voting available during the AGM until 15 minutes after conclusion. The cut-off date for determining voting eligibility was Friday, July 3, 2026. Mr. Vikas Gera of Vikas Gera & Associates, Company Secretaries, was appointed as Scrutinizer to oversee the voting process.

Key Voting Outcomes

Overall Participation:

  • Total shares outstanding: 80,939,303
  • Total votes polled across all resolutions: approximately 66.4 million (82.03-82.04% participation)
  • 7 promoter group shareholders and 111 public shareholders attended via video conferencing

Resolution-wise Results:

Item 1 - Adoption of Financial Statements

  • Votes in favour: 99.99999% | Against: 0.00001%
  • Promoter Group: 60,634,122 votes (100% for)
  • Public Institutions: 275,320 votes (100% for)
  • Public Non-Institutions: 5,481,800 for, 1 against (99.99998% for)

Item 2 - Final Dividend Declaration

  • Votes in favour: 99.99983% | Against: 0.00017%
  • Promoter Group: 60,634,122 votes (100% for)
  • Public Institutions: 285,240 votes (100% for)
  • Public Non-Institutions: 5,481,159 for, 116 against (99.99788% for)

Item 3 - Re-appointment of Gautam Dalmia (Director)

  • Votes in favour: 99.96056% | Against: 0.03944%
  • Promoter Group: 60,634,122 votes (100% for)
  • Public Institutions: 259,052 for, 26,188 against (90.81896% for)
  • Public Non-Institutions: 5,481,824 for, 1 against (99.99998% for)

Item 4 - Re-appointment of Pankaj Rastogi (Director)

  • Votes in favour: 99.99148% | Against: 0.00852%
  • Promoter Group: 60,634,122 votes (100% for)
  • Public Institutions: 279,584 for, 5,656 against (98.01711% for)
  • Public Non-Institutions: 5,481,824 for, 1 against (99.99998% for)

Item 5 - Ratification of Cost Auditors' Remuneration

  • Votes in favour: 99.99999% | Against: 0.00001%
  • Promoter Group: 60,634,122 votes (100% for)
  • Public Institutions: 285,240 votes (100% for)
  • Public Non-Institutions: 5,481,824 for, 1 against (99.99998% for)

Item 6 - Re-appointment of Gautam Dalmia (Managing Director)

  • Votes in favour: 99.61946% | Against: 0.38054%
  • Promoter Group: 60,634,122 votes (100% for)
  • Public Institutions: 32,558 for, 252,682 against (11.41425% for)
  • Public Non-Institutions: 5,481,814 for, 1 against (99.99998% for)

Item 7 - Alteration of MOA Objects Clause

  • Votes in favour: 99.99999% | Against: 0.00001%
  • Promoter Group: 60,634,122 votes (100% for)
  • Public Institutions: 285,240 votes (100% for)
  • Public Non-Institutions: 5,481,824 for, 1 against (99.99998% for)

Scrutinizer's Role and Findings

Mr. Vikas Gera confirmed that the e-voting process was conducted fairly and transparently using NSDL's electronic voting system. He verified that all resolutions were passed with requisite majority as required under the Companies Act, 2013 and SEBI Listing Regulations. The scrutinizer's report was counter-signed by Pankaj Rastogi, Whole Time Director & CEO.

Compliance Confirmation

The company confirmed compliance with all applicable provisions of the Companies Act, 2013, SEBI Listing Regulations, and Secretarial Standards on General Meetings (SS-2). The meeting was conducted in accordance with MCA and SEBI circulars regarding virtual meetings.

Additional Information

The proceedings and voting results have been uploaded to the company's website at www.dalmiasugar.com. The company's registered office is located at Dalmiapuram - 621 651, Tiruchirappalli District, Tamil Nadu, India with CIN: L15100TN1951PLC000640.