Meeting Details
The 30th Annual General Meeting was held on Tuesday, 22 September 2026 at 11:00 am (IST) through Video Conferencing. The record date for determining shareholders eligible to vote was 15 September 2026, with total shareholders of 7,55,801.
Attendance Details
Shareholder Attendance:
- Promoter & Promoter group: 0 members via video conference
- Public shareholders: 117 members via video conference
- Total attendance: 117 members
Directors, Key Managerial Personnel and Auditors Present:
- Mr. Madhu Rao - Independent Director and Chairman of the Board, Audit Committee and Stakeholders' Relationship Committee
- Mr. Susheel Kumar Kamboj - Managing Director & CEO
- Mr. Ravi Gupta - Executive Director
- Mr. Dorab Mistry - Independent Director and Chairman of Nomination & Remuneration Committee
- Mr. Vipin Kumar Rathi - Whole-time Director
- Mr. Atul Chaturvedi - Non-Executive Director
- Mr. Arun Verma - Independent Director
- Mr. Siraj Hussain - Independent Director
- Ms. Priyanka Mallick - Independent Director
- Mr. Sunil Ranka - Chief Financial Officer
- Mr. Deepak Manerikar - Company Secretary
- Mr. Pramod Kumar Bapna - Partner, S R B C and CO LLP (Statutory Auditors)
- CS Devendra Deshpande - Secretarial Auditor
Voting Arrangements
The Company appointed M/s. KFin Technologies Limited to provide remote e-voting facility for all resolutions. Shareholders present at the AGM who had not cast votes remotely were provided opportunity to vote during the meeting. CS Gaurav Kulkarni of SKGK & Associates LLP was appointed as Scrutinizer to scrutinize both remote e-voting and voting at the AGM.
Business Transacted
The following 12 resolutions from the AGM Notice dated 5 August 2026 were transacted:
1. Ordinary Resolution: Receive, consider and adopt Audited Standalone Financial Statements for FY ended 31 March 2026 with Reports of Board of Directors and Auditors
2. Ordinary Resolution: Receive, consider and adopt Audited Consolidated Financial Statements for FY ended 31 March 2026 with Report of Auditors
3. Special Resolution: Appoint director in place of Mr. Kuok Khoon Hong (DIN: 00021957) who retires by rotation and offers himself for re-appointment
4. Special Resolution: Re-appointment of Mr. Ravi Gupta (DIN: 00133106) as Executive Director and payment of remuneration
5. Ordinary Resolution: Appointment of Mr. Vipin Kumar Rathi (DIN: 11859795) as Director
6. Special Resolution: Appointment of Mr. Vipin Kumar Rathi (DIN: 11859795) as Whole-Time Director and fixing of remuneration
7. Ordinary Resolution: Appointment of Mr. Kwek Ju-Yang, Mark (DIN: 08477541) as Non-Executive (Non-Independent) Director
8. Special Resolution: Approval for payment of annual bonus to Mr. Vijendra Singh (DIN: 03537522), Executive Director & Dy. CEO, for performance during FY 2025-26
9. Special Resolution: Approval for payment of annual bonus to Mr. Atul Chaturvedi (DIN: 00175355), Non-Executive Director, for performance as Executive Chairman during FY 2025-26
10. Ordinary Resolution: Material modification of terms of material related party transaction between Company and Wilmar Sugar India Private Limited during FY 2025-26
11. Ordinary Resolution: Approval for material related party transaction to be entered between Company and Wilmar Sugar India Private Limited for FY 2026-27
12. Ordinary Resolution: Ratification/Approval of remuneration of Cost Auditors
Meeting Proceedings
The Chairman addressed shareholders about the Company's performance during FY 2025-26 in his opening remarks. Shareholder queries were clarified during the meeting. The e-voting facility remained available until 15 minutes after conclusion of proceedings.
Results Declaration
The consolidated results of remote e-voting and e-voting at AGM were scheduled to be declared on or before 24 September 2026. The Chairman authorized the Company Secretary to declare voting results and place them on stock exchange and company websites.
Meeting Duration
The meeting concluded at 11:35 am (IST), lasting approximately 35 minutes.