Tag
Sugar
28 articles
Sugar companies are navigating a mixed landscape of financial performance and strategic shifts. Several firms, including KM Sugar Mills, reported significant profit growth in fiscal year 2026, with KM Sugar Mills seeing a 53% increase, alongside board approvals for key director appointments and a demerger of its distillery division. However, Rajshree Sugars experienced an 86% decline in net profit, highlighting challenges in operational performance. Companies like Mawana Sugars and Ponni Sugars declared dividends and reappointed directors, while Shree Renuka Sugars saw leadership changes and faces challenges from Bohbot’s resignation. These developments underscore the industry’s sensitivity to factors like weather patterns, regulatory changes, and strategic decisions regarding expansion and divestment.
K.M. Sugar Mills 53rd AGM Director Appointments Notice
K.M. Sugar Mills Ltd. will hold its 53rd Annual General Meeting virtually on July 28, 2026 to approve financial statements and director appointments.
Shareholders will vote on appointing Naina Devi Jh
K.M. Sugar Mills 53rd AGM Director Appointments Notice
K.M. Sugar Mills will hold its 53rd AGM virtually on July 28, 2026 to approve multiple director appointments and remuneration packages.
Key resolutions include appointing Naina Jhunjhunwala as Whole-T
KM Sugar Mills FY26 Profit Rises 53% with Demerger Approval
KM Sugar Mills reported 53% YoY growth in standalone net profit to ₹53.4 crore for FY26 with revenue of ₹658.4 crore.
Board approved demerger of distillery division into subsidiary KM Spirits, subject
Mawana Sugars 62nd AGM Approves Dividend, Director Reappointment
Mawana Sugars Ltd submitted voting results and scrutinizer report for its 62nd AGM held on July 4, 2026 via video conference.
All four ordinary resolutions were passed, including declaration of ₹4 per
Mawana Sugars 62nd AGM Proceedings Summary
Mawana Sugars held its 62nd AGM on July 4, 2026 via video conference, lasting 1 hour 5 minutes with 193 members attending.
Shareholders voted on four ordinary business resolutions including adoption o
Davangere Sugar Approves $100 Million FCCBs
Davangere Sugar board approved issuance of $100 million unsecured Foreign Currency Convertible Bonds (FCCBs) at a 15% discount.
FCCBs bear a 2% annual coupon, mature on July 09, 2031, and are converti
Dhampur Sugar Receives ₹1 Lakh UP Excise Penalty
Dhampur Sugar Mills discloses receipt of an order from the Uttar Pradesh Excise Commissioner imposing a ₹1,00,000 penalty.
The penalty is for alleged storage of liquor, ENA, and Tetra Packs in locatio
Sethi Funds Acquires 0.28% Stake in KCP Sugar
KCP Sugar disclosed Sethi Funds Management purchased 309,000 shares (0.28%) via open market transactions.
Sethi Funds, a promoter entity, increased total holding to 1,089,000 shares (0.96%) of voting
Shree Renuka Sugars Appoints Kwek Ju-Yang Mark Director
Shree Renuka Sugars appointed Mr. Kwek Ju-Yang Mark as Additional Non-Executive Non-Independent Director effective July 2, 2026.
Mr. Kwek is Group Head of Sugar and Ethanol Energies at Wilmar Group wi
K.M. Sugar Mills Subsidiary Clarification for Q4 FY26
K.M. Sugar Mills clarifies subsidiary financials for March 2026 quarter after exchange query.
Wholly-owned subsidiary KM Spirits has nominal revenue of ₹700 and income of ₹600.
Segment assets reclassi
Dhampur Sugar Q2 FY27 Commercial Paper Utilization Certificate
Dhampur Sugar Mills submitted a mandatory CFO certificate confirming proper use of Commercial Paper proceeds for Q2 FY27.
The certificate was issued to NSE and BSE in compliance with SEBI Circular SEB
Shree Renuka Sugars Director Jean-Luc Bohbot Resigns
Jean-Luc Bohbot resigned as Non-Executive Director of Shree Renuka Sugars effective 1st July 2026.
Resignation is consequent to his exit from promoter Wilmar Group, with no other material reasons disc
Bannari Amman Sugars Rs 12.72 Crore Tax Recovery Notice
Bannari Amman Sugars received Rs 12.72 crore tax recovery notice from Erode District Collector under Revenue Recovery Act.
Company had previously won High Court case in 2012 challenging this electrici
Dhampur Sugar Transfers FY19 Unclaimed Dividends/Shares to IEPF
Dhampur Sugar Mills discloses mandatory transfer of unclaimed FY 2018-19 final dividend and corresponding shares to IEPF Authority by October 8, 2026.
Shareholders must submit claim with required docu
Dhampur Bio Organics FY26 Net Profit Rises 107% to ₹25 Crore
Dhampur Bio Organics reported 14.4% revenue growth to ₹3,106 crore and 107% PAT increase to ₹25 crore in FY26, driven by sugar, ethanol, and country liquor segments.
The company declared a final divid
Dhampur Bio Organics VP Operations Resigns
Dhampur Bio Organics intimates resignation of VP Operations Santosh Mani effective June 30, 2026.
Resignation disclosed pursuant to SEBI Listing Regulations 30 and Master Circular requirements.
Manage
K.C.P. Sugar Sethi Funds Stake Up 0.17%
Sethi Funds Management acquired 195,000 shares (0.17%) of K.C.P. Sugar via open market purchases between June 18-24, 2026.
Post-acquisition, Sethi Funds' total holding increased to 780,000 shares repr
Rajshree Sugars FY26 Net Profit Falls 86% to ₹1.14 Crore
Rajshree Sugars reported FY26 net profit of ₹1.14 crore, down 86% from ₹8.09 crore last year, with revenue declining to ₹544.68 crore.
Company proposes reappointment of Mr. R. Varadarajan as Wholetime
Ponni Sugars 30th AGM Approves Dividend, Director Reappointment
Ponni Sugars held its 30th Annual General Meeting via video conference on June 24, 2026, with 61 shareholders representing 47.56% equity present.
Shareholders approved all five resolutions including a
Sethi Funds Acquires 0.09% K.C.P. Sugar Stake
K.C.P. Sugar discloses SEBI Regulation 29(2) filing for Sethi Funds Management's open market acquisition.
Sethi Funds, a promoter entity, purchased 100,000 shares (0.09%) across three trading days in
Mawana Sugars FY26 Net Profit Declines 49% to ₹36.72 Crore
Mawana Sugars reported FY26 net profit decline of 49% to ₹36.72 crore despite 8.2% revenue growth to ₹1,564.16 crore, impacted by exceptional wage code costs.
Company declared 40% final dividend and m
Triveni Engineering Q4 Revenue Up 10.6%, Declares Dividend
Triveni Engineering reported FY26 revenue growth of 10.6% to ₹6,291 crore and a 12.8% rise in net profit to ₹268.7 crore, with a recommended final dividend of ₹1.25 per share.
The distillery segment a
K.C.P. Sugar Sethi Funds Acquires 0.03% Stake
Sethi Funds Management Private Limited, a promoter entity, acquired 30,000 equity shares (0.03%) of K.C.P. Sugar via open market purchases on June 4-5, 2026.
Post-acquisition, Sethi Funds' total holdi
K.C.P. Sugar: Sethi Funds Acquires 0.04% Stake
K.C.P. Sugar discloses a SEBI SAST Regulation 29(2) filing for open market share acquisition.
Sethi Funds Management Pvt. Ltd. purchased 50,000 equity shares (0.04%) on June 2-3, 2026.
The company's t
Sakthi Sugars Holding Company Status Ceases After 14.18% Stake Transfer
ABT Investments transferred 16.86 million shares to Chairman Dr. M. Manickam, reducing its stake from 55.93% to 41.75%.
The transaction results in ABT Investments ceasing to be Sakthi Sugars' holding
Sakthi Sugars Promoter Acquires 14.18% Stake
Sakthi Sugars discloses inter-se transfer of 1.68 crore shares between promoter entities under SEBI PIT Regulations.
Promoter M Manickam acquired 14.18% stake from ABT Investments at ₹15.96 per share
Simbhaoli Sugars Promoter Group No New Encumbrances
Simbhaoli Sugars Ltd files a regulatory disclosure under SEBI SAST Regulations 2011.
Promoter group 'Sandhu Group' declares no new encumbrances on company shares for FY ending March 31, 2026.
Disclosu
Andhra Sugars Promoter Shareholding at 50.49% for March 2026
The Andhra Sugars Limited filed a mandatory disclosure of promoter and promoter group shareholding with NSE and BSE as of March 31, 2026.
Total promoter and promoter group holding was reported at 6,84