awl agri business has scheduled its 28th Annual General Meeting for Tuesday, July 7, 2026, at 11:00 A.M. IST via video conferencing. The meeting will be held pursuant to the provisions of the Companies Act, 2013, and relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The company has fixed Friday, June 19, 2026, as the record date to determine the entitlement of members to receive the final dividend for the financial year 2025-26, if approved during the AGM.

The facility for remote e-voting will be available to members from Friday, July 3, 2026, at 9 a.m. IST until Monday, July 6, 2026, at 5 p.m. IST. The electronic copy of the notice convening the AGM, which includes instructions for e-voting and the Integrated Annual Report for FY 2025-26, will be sent to members whose email addresses are registered with the company or depository participant. Members holding shares in dematerialised or physical form who have not registered their email addresses are requested to do so with their depository participants or the company's registrar and share transfer agent, MUGF Intime India Private Limited.

Key Meeting Details

The notice convening the 28th AGM and the Integrated Annual Report for FY 2025-26 will be available on the company's website and the websites of BSE and NSE in due course. The company has urged members to register their email addresses to ensure timely receipt of these documents.

Shree Renuka Sugars Limited has entered into definitive agreements with AWL Agri Business Ltd for the supply, marketing, and distribution of refined sugar under the 'Madhur' brand. The agreements, signed on May 28, 2026, include a Supply Agreement, a Brand License Agreement, and an Employee Transfer Agreement. This strategic collaboration is set to take effect from July 1, 2026, and aims to strengthen the presence of the 'Madhur' brand across India through AWL's extensive distribution network.

Under the arrangement, Shree Renuka Sugars will continue to manufacture and package 'Madhur' sugar, while AWL will handle marketing, distribution, logistics, and supply chain management. The definitive agreements outline that Shree Renuka Sugars will retain ownership of the 'Madhur' brand and related intellectual property, granting AWL the rights to use the brand for marketing and allied activities. Both parties have also agreed to transfer certain employees from Shree Renuka Sugars to AWL from the cut-off date.

The financial terms of the collaboration include a royalty structure based on total sales. AWL will pay a royalty of 1% on the total sales of 'Madhur' sugar manufactured and supplied by Shree Renuka Sugars through its own mills. For 'Madhur' sugar procured by AWL through third-party or toll unit arrangements, the royalty rate is set at 0.5% of total sales. The pricing for procurement of refined sugar will be determined as per the pricing formula specified in the Supply Agreement.

The arrangement is a related party transaction in the ordinary course of business, conducted on an arm’s length basis. Wilmar International Limited, through its wholly owned subsidiaries, is the ultimate holding company of both Shree Renuka Sugars and AWL, holding 62.48% and 56.94% respectively. The company stated that this integration is expected to drive higher market penetration, improve operational efficiency, and optimize sales and distribution costs, thereby supporting the growth of its branded food business.