Key Dates

  • AGM Date: Wednesday, July 29, 2026 at 11:00 AM IST
  • Record Date for Dividend: Friday, July 17, 2026
  • Remote E-voting Period: July 25, 2026 (9:00 AM) to July 28, 2026 (5:00 PM)
  • Cut-off Date for Voting Rights: July 22, 2026

Business to be Transacted

Ordinary Business

1. To receive, consider and adopt the Audited Financial Statements for the financial year ended March 31, 2026 along with Reports of Directors and Auditors

2. To declare Dividend on Equity Shares for FY 2025-26

3. To appoint a Director in place of Mr. Pankaj Singh (DIN: 11090613) who retires by rotation and seeks re-appointment

Special Business

4. Ratification of remuneration of ₹1,37,500 (plus out-of-pocket expenses and applicable taxes) to Cost Auditor M/s D Radhakrishnan & Co. (Firm Registration Number: 000018) for conducting cost audit for FY 2026-27

5. Appointment of Mr. Rajan Arvind Dalal (DIN: 00546264) as an Independent Director for a term of 5 consecutive years effective from May 11, 2026 to May 10, 2031

Dividend Details

The Board has recommended a dividend of ₹12.50 per equity share of ₹10 each (125%) for FY 2025-26. If declared at the AGM, the dividend will be paid:

  • To beneficial owners of dematerialized shares as per data from NSDL and CDSL as of close of business on July 17, 2026
  • To physical shareholders after giving effect to valid transfer/transmission requests lodged with the company as of close of business on July 17, 2026
  • Subject to deduction of Tax at Source (TDS) at applicable rates

Director Appointments

Mr. Pankaj Singh

  • DIN: 11090613
  • Date of Birth: January 4, 1967 (Age: 59 years)
  • First appointed: May 14, 2025
  • Qualifications: Bachelor of Engineering (Mechanical) from NIT-Shilchar, ANSI (Sugar Engineering), PGDBA from Pondicherry University, Alumnus of IIM-Ahmedabad
  • Experience: Over 30 years in sugar industry, including 17 years with DCM Shriram Sugar group
  • Remuneration FY 2025-26: ₹177.74 lakhs
  • Board meetings attended in FY 2025-26: 3 out of 3
  • Shareholding: Nil

Mr. Rajan Arvind Dalal

  • DIN: 00546264
  • Date of Birth: September 18, 1949 (Age: 76 years)
  • First appointed: May 14, 2024 (as Non-Executive Director)
  • Proposed designation change to Independent Director effective May 11, 2026
  • Qualifications: B.Sc Honors Graduate from Mumbai University
  • Experience: Over 50 years in various businesses including international and financial markets, dealer network creation, wealth management, capital raising
  • Remuneration FY 2025-26: ₹10.64 lakhs
  • Other directorships: Hindustan Composites Limited
  • Committee memberships: Audit Committee Member and Nomination and Remuneration Committee Member at Hindustan Composites Limited
  • Board meetings attended in FY 2025-26: 4 out of 4
  • Shareholding: Nil

Meeting Arrangements

The AGM will be conducted entirely through Video Conferencing/Other Audio-Visual Means without physical presence of shareholders, in compliance with MCA Circular No. 03/2025 dated September 22, 2025 and SEBI circulars.

NSDL will provide facilities for:

  • Remote e-voting
  • Participation in AGM through VC/OAVM
  • E-voting during the AGM

The registered office at P.O. Hargaon, Dist. Sitapur (U.P.) will be deemed the venue for the AGM.

Shareholder Services and Compliance

  • The company urges shareholders to convert physical holdings to dematerialized form
  • Shareholders must ensure PAN is linked to Aadhaar and provide updated KYC details
  • Special relodgement window available until February 4, 2027 for physical share transfer requests that were rejected before April 1, 2019
  • Simplified procedures for issuance of duplicate share certificates as per SEBI Circular dated December 24, 2025
  • Unclaimed dividends for 7 years will be transferred to Investor Education and Protection Fund (IEPF)

Voting Instructions

Shareholders can vote through:

  • NSDL e-Voting system (www.evoting.nsdl.com)
  • CDSL Easi/Easiest facility
  • Through their Depository Participants
  • Mobile app "NSDL Speede"

Helpdesk contacts provided for technical support from NSDL (022-4886 7000) and CDSL (1800-21-09911).

Financial Impact

Dividend payment of ₹12.50 per share if declared. Cost auditor remuneration of ₹1,37,500 to be ratified. No other quantified financial impact disclosed.