Key Dates

  • Cut-off Date for Shareholder Eligibility: Friday, August 14, 2026
  • Remote E-voting Commencement: Tuesday, August 25, 2026 at 9:00 AM IST
  • Remote E-voting Conclusion: Wednesday, September 23, 2026 at 5:00 PM IST
  • Result Declaration: Within two working days after e-voting conclusion (by September 27, 2026)
  • Resolution Effective Date: September 23, 2026 (if approved)

Parties Involved

  • E-voting Service Provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: Mr. Mohan Ram Goenka, Practising Company Secretary (FCS:4515, COP No.:2551)
  • Registrar and Share Transfer Agent: MUFG Intime India Private Limited

Resolution Details

Item No. 1: Appointment of Lieutenant General Rakesh Kapoor (Retd.) as Non-Executive Independent Director

  • Director DIN: 11763655
  • Current Status: Appointed as Additional Director effective August 4, 2026 pursuant to Section 161(1) of Companies Act, 2013
  • Proposed Term: Five consecutive years from August 4, 2026 to August 3, 2031
  • Nature of Directorship: Non-Executive Independent Director, not liable to retire by rotation
  • Approval Requirement: Special Resolution through postal ballot

Director Qualifications and Experience

  • Age: 60 years (Date of Birth: November 10, 1965)
  • Education: Graduate of St. Stephen's College, Delhi University; M.Phil. in Strategy and Security Studies (University of Madras); Master's in Strategic Studies (University of Pennsylvania); Master's in Management Studies (Osmania University)
  • Experience: 38 years in national security, defense strategy, digital transformation, and policy formulation
  • Expertise: Strategic advisory, large-scale institutional transformation, capability development, digital and technology-led transformation
  • Current Directorships: None in other public companies
  • Shareholding in Company: Nil

Voting Arrangements

  • Mode: Remote e-voting only through NSDL platform
  • Voting Rights: Proportional to shareholding as on cut-off date (August 14, 2026)
  • Document Availability: Notice available on company website (www.magadhsugar.com) and stock exchange websites

Remuneration Details

  • Sitting fees for attending Board and Committee meetings
  • Entitlement to commission payable to Non-Executive Directors as determined by Board/Nomination and Remuneration Committee
  • No specific remuneration figures disclosed

Financial Impact

Not quantified in the disclosure. The appointment represents a governance change without immediate financial implications.

Additional Information

  • No inter-se relationships with other Directors and Key Managerial Personnel
  • No resignations from listed entities in past three years
  • Draft appointment letter available for electronic inspection during voting period
  • Institutional shareholders required to submit Board Resolution/Authority letter to scrutinizer