Key Updates
- Item No. 3 of the AGM Notice is changed from Ordinary Resolution to Special Resolution
- Additional resolution text is added for Item No. 3
- Explanatory Statement is added for Item No. 3
AGM Details
The 30th Annual General Meeting is scheduled for Tuesday, 22nd September 2026 at 11:00 A.M. (IST) through Video Conferencing (VC).
Resolution Specifics
Item No. 3: To appoint a Director in place of Mr. Kuok Khoon Hong (DIN: 00021957), who retires by rotation and being eligible, offers himself for re-appointment.
Resolution Type: Special Resolution (changed from Ordinary Resolution)
Director Details:
- Name: Mr. Kuok Khoon Hong
- DIN: 00021957
- Age: 77 years
- Position: Non-Executive, Non-Independent Director
- Retirement: Retires by rotation
Regulatory Compliance:
The change to Special Resolution is required under Regulation 17(1A) of SEBI Listing Regulations, which mandates that no listed company shall appoint or continue the appointment of a Non-Executive Director who has attained the age of 75 years unless a special resolution is passed.
Previous Approval: Shareholders had already approved the continuation of Mr. Kuok as a Non-Executive Director by passing a special resolution at the 27th AGM held on 25th September 2023 for the duration of his current term.
Director Eligibility: Mr. Kuok is not disqualified from being appointed as a Director in terms of Section 164 of the Companies Act, 2013 and has given his consent to act as a Director.
Additional Information: The details required under Secretarial Standard-2 on General Meetings read with SEBI Listing Regulations are provided as Appendix - 2 of the original AGM Notice dated 5th August 2026.
Interest Disclosure: Except Mr. Kuok, none of the other Directors, Key Managerial Personnel of the Company and any of their relatives are concerned or interested in the resolution.
Board Recommendation: The Board recommends the resolution for approval by shareholders as a Special Resolution.
Document Availability: The Corrigendum is available on the Company's website at www.renukasugars.com and the revised AGM Notice containing the Corrigendum will be uploaded on the website in due course.
Original Communication: The original AGM Notice was dispatched to shareholders on 31st August 2026 in compliance with the Companies Act, 2013 and relevant circulars issued by MCA and SEBI.