Meeting Details

The 64th Annual General Meeting was held on Friday, 25th September 2026 at 12:30 PM through Video Conferencing/Other Audio Visual Means. The meeting was conducted in accordance with Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014, Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant Circulars issued by the Ministry of Corporate Affairs and SEBI.

Attendance

A total of 62 members representing 7,10,24,499 equity shares attended the meeting through video conferencing/other audio-visual means.

Directors Present: Dr.M.Manickam (Chairman and Managing Director), Sri.M.Balasubramaniam (Managing Director), Sri.M.Srinivaasan (Joint Managing Director), Sri.V.K.Swaminathan, Dr.A.Selvakumar, Sri.S.Shivram, Smt.Susheela Balakrishnan, and Sri.S.Chandrasekhar.

Other Attendees: Sri.Pon Arul Baraneedharan (Partner, M/s.P.N.Raghavendra Rao & Co, Statutory Auditors), Sri.R.Dhanasekaran (Secretarial Auditor), Sri.M.D.Selvaraj (Managing Partner, M/s. MDS & Associates LLP, Scrutinizer), Dr.S.Veluswamy (President - Finance & Operations, CFO), and Sri.S.Venkatesh (Company Secretary).

Proposed Resolutions and Implications

The following seven resolutions were proposed for shareholder approval:

ITEM NO. 1 - ORDINARY RESOLUTION: Adoption of audited financial statements of the Company for the financial year ended 31st March, 2026, and reports of the Board of Directors and of the Auditors thereon.

ITEM NO. 2 - ORDINARY RESOLUTION: Reappointment of Sri.M.Srinivaasan (DIN 00102387) as Director, who retires by rotation.

ITEM NO. 3 - SPECIAL RESOLUTION: Reappointment of Sri.M.Balasubramaniam (DIN 00377053) as Managing Director of the Company for a period of 5 years without remuneration.

ITEM NO. 4 - ORDINARY RESOLUTION: Reappointment of Sri.M.Srinivaasan (DIN 00102387) as Joint Managing Director of the Company for a period of 5 years without remuneration.

ITEM NO. 5 - ORDINARY RESOLUTION: Appointment of Sri.S.Chandrasekhar (DIN 00011901) as Non-Executive Non-Independent Director of the Company with effect from 13th August 2026.

ITEM NO. 6 - ORDINARY RESOLUTION: Ratification of payment of remuneration to M/s. STR & Associates (Firm Registration No.000029), Cost Auditors of the Company, for the financial year ending 31.3.2027.

ITEM NO. 7 - ORDINARY RESOLUTION: Authorization to donate and contribute to bonafide charitable and other funds for deserving causes and institutions during the financial year 2027-28.

Voting Process

The Company provided remote e-voting facility through MUFG Intime India Private Limited (MUFGIIPL) from 22nd September to 24th September 2026. Shareholders present at the AGM who had not cast their votes through remote e-voting were provided with the facility to cast their votes through e-voting during the meeting, which remained open for 15 minutes after the deliberations.

Scrutinizer Appointment

Sri.M.D.Selvaraj, Managing Partner of M/s. MDS & Associates LLP, Company Secretaries, Coimbatore, was appointed as the Scrutinizer to conduct the remote e-voting and e-voting process at the AGM in a fair and transparent manner and to ascertain the requisite majority.

Voting Results Declaration

The document states that the result of voting would be declared within the prescribed time and the consolidated scrutinizer's report along with the voting result would be submitted to BSE Limited, National Stock Exchange of India Limited and MUFG Intime India Private Limited. The results would also be placed on the Company's website www.sakthisugars.com. However, specific voting outcomes and percentages are not provided in this document.

Shareholder Participation

Ten shareholders registered as speakers at the AGM: Mr.Ankur Chanda, Mr.Sarvjeet Singh, Mr.Manjit Singh, Mr.Yusuf Yunus Rangwala, Mr.Sudipta Chakraborty, Mrs.Indrani Chakraborty, Mr.Reddeppa Gundluru, Mr.Om Prakash Kejriwal, Mr.Aspi Bamanshaw Bhesania, and Mr.J.Abishek. Only five shareholders were present at the meeting to speak, and their queries were replied to by the Chairman.

Compliance Confirmation

The meeting was conducted in compliance with the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant Circulars issued by the Ministry of Corporate Affairs and SEBI. The proceedings were recorded as required.

Meeting Conclusion

The AGM commenced at 12:30 PM and concluded at 1:05 PM.