Meeting Details

The 62nd Annual General Meeting (AGM) of Mawana Sugars Limited was held on Saturday, July 4, 2026, from 11:00 AM to 12:05 PM IST through Video Conferencing/Other Audio Visual Means. The meeting was conducted in compliance with the Companies Act, 2013 and relevant circulars from the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI).

Attendance

Directors Present:

  • Mr. Krishna Shriram (Chairman & Non-Executive Director) - New Delhi
  • Mr. M S Aalawat (Independent Director) - New Delhi
  • Mr. M K Chauhan (Chairman of Audit Committee & Independent Director) - New Delhi
  • Mr. G R Kumar (Non-Independent Director) - Gurugram
  • Mr. A K Kumar (Independent Director) - Gurugram
  • Mr. G R Kumar (Managing Director) - Gurugram

Other Attendees:

  • Mr. Ashok Kumar Shukla (Company Secretary)
  • Mr. P K Bahl (Advisor) - Gurugram
  • Representatives from S G & Co., LLP (Statutory Auditors) - Gurugram

Members: Total 193 members attended the AGM through video conferencing.

Proceedings

Mr. Krishna Shriram, Chairman of the Board, presided over the meeting. The Company Secretary read out the detailed procedure for conducting the AGM and voting arrangements. The Notice convening the Annual General Meeting was taken as read. The Auditors' Report was taken as read as it contained no qualifications, observations, or adverse remarks.

33 shareholders had registered to speak at the meeting, but only 13 shareholders actually spoke. Written queries sent by some shareholders would be replied to via email.

Voting Process

The Company provided remote e-voting facility for members to vote on resolutions set out in the AGM Notice dated June 5, 2026. Remote e-voting was open from July 1, 2026 (9:00 AM) to July 3, 2026 (5:00 PM). Members who attended the AGM through VC/OAVM and had not cast votes through remote e-voting were provided opportunity to vote electronically during the AGM and for 15 minutes after its conclusion.

Resolutions Voted On

Ordinary Business:

1. Adoption of audited financial statements of the Company for financial year ended March 31, 2026, together with reports of Board of Directors and Auditors thereon

2. Adoption of consolidated financial statements of the Company for financial year ended March 31, 2026

3. Reappointment of Mr. M K Chauhan (DIN: 09387262) as Director liable to retire by rotation

4. Ratification of appointment of statutory auditors for financial year 2026-27

Outcome Declaration

Voting results (remote e-voting and e-voting during AGM) will be declared within 2 working days from closure of the AGM and placed on the company website and informed to stock exchanges.