Kothari Sugars 65th AGM Voting Results Declaration

Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

The 65th Annual General Meeting was held on Thursday, August 13, 2026, from 11:00 A.M. to 11:50 A.M. IST through Video Conferencing (VC)/Other Audio Visual Means (OAVM) without physical presence of members, following MCA circulars permitting virtual meetings.

Proposed Resolutions and Implications

Three ordinary resolutions were proposed for shareholder approval:

1. Adoption of Audited Financial Statements for the financial year ended March 31, 2026, together with Reports of the Auditors and Board of Directors

2. Re-appointment of Mr. Arjun B. Kothari (DIN: 07117816) who retires by rotation

3. Ratification of remuneration to Mr. K Suryanarayanan, Cost Auditor for the financial year 2026-2027

Voting Process and Methods

The voting process utilized two methods:

Remote e-voting: Conducted through CDSL's platform from August 9, 2026 (9:00 AM) to August 12, 2026 (5:00 PM)
E-voting at AGM: Conducted during the meeting for members who attended via VC/OAVM and had not voted remotely

The cut-off date for determining voting eligibility was Thursday, August 6, 2026.

Key Voting Outcomes

Resolution No. 1: Adoption of Financial Statements

Total votes cast: 61,832,301 (100% of votes polled)
Votes in favor: 61,832,247 (99.9999%)
Votes against: 54 (0.0001%)
Invalid votes: 0

Resolution No. 2: Re-appointment of Director

Total votes cast: 61,831,951 (100% of votes polled)
Votes in favor: 61,831,897 (99.9999%)
Votes against: 54 (0.0001%)
Invalid votes: 0

Resolution No. 3: Ratification of Cost Auditor Remuneration

Total votes cast: 61,831,951 (100% of votes polled)
Votes in favor: 61,831,896 (99.9999%)
Votes against: 55 (0.0001%)
Invalid votes: 0

Participation Breakdown by Shareholder Category

Resolution No. 1 Breakdown:

Promoter & Promoter Group: 60,947,600 shares voted (100% in favor)
Public Institutions: 127,074 shares voted (100% in favor) out of 545,017 shares held (23.3156% participation)
Public Non-Institutions: 757,627 shares voted (99.9929% in favor, 0.0071% against) out of 21,395,963 shares held (3.5409% participation)
Total participation: 61,832,301 votes (74.5968% of outstanding shares)

Resolution No. 2 Breakdown (Promoter group interested):

Promoter & Promoter Group: 60,947,600 shares voted (100% in favor)
Public Institutions: 127,074 shares voted (100% in favor)
Public Non-Institutions: 757,277 shares voted (99.9929% in favor, 0.0071% against)
Total participation: 61,831,951 votes (74.5964% of outstanding shares)

Scrutinizer's Role and Findings

M/s. SJN & Associates, Practising Company Secretaries (Firm Registration No: P2024TN103100) were appointed as scrutinizers via board resolution dated May 4, 2026. Their responsibilities included:

Scrutinizing votes cast through remote e-voting and e-voting at AGM
Ensuring fair and transparent voting process
Preparing consolidated report of voting results

The scrutinizer confirmed:

No invalid votes were found during scrutiny
The e-voting data was unblocked in presence of two independent witnesses
All resolutions passed with requisite majority
Electronic voting records will remain in scrutinizer's custody until minutes are approved

Compliance with Laws and Regulations

The company confirmed compliance with:

Section 108 of Companies Act, 2013 and Rule 20 of Companies (Management and Administration) Rules, 2014
SEBI LODR Regulations, 2015
MCA Circulars regarding virtual meetings (Circular Nos. 14/2020, 17/2020, 20/2020, 02/2021, 21/2021, 02/2022, 10/2022, 09/2023, 09/2024, 03/2025)
Notice of AGM was published in Financial Express (English) and Makkal Kural (Tamil) on July 17, 2026

Additional Information

Company CIN: L15421TN1960PLC004310
TIN No.: 33790460019 dt 1-1-2007
CST No. 24518 dt. 26-06-1961
64 shareholders attended the meeting through VC/OAVM (4 Promoter group, 60 Public)
Quorum was maintained throughout the meeting as confirmed by the Chairperson