Bajaj Hindusthan Sugar appointed Priyanka Baya as an additional director designated as Woman Independent Director on September 16, 2026. The appointment coincides with the cessation of Ms. Shalu Bhandari, who completed two consecutive five-year terms.

The Board of Directors approved the changes during a meeting held from 7:00 pm to 7:25 pm on September 16, 2026. The move complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

Mrs. Priyanka Baya (DIN: 05249229) holds office for a term of five consecutive years, from September 16, 2026, to September 15, 2031. Her appointment is subject to shareholder approval. The Nomination and Remuneration Committee recommended her selection.

Ms. Shalu Bhandari (DIN: 00012556) ceased her role as Woman Independent Director upon completing her tenure on September 16, 2026. The company expressed appreciation for her contributions.

Committee Reconstitution

The Board reconstituted four committees effective September 16, 2026:

• Audit Committee
• Nomination and Remuneration Committee
• Stakeholders Relationship Committee
• Corporate Social Responsibility Committee

Director Profile

Mrs. Baya is a Chartered Accountant and Company Secretary with over 25 years of experience. She serves as Founder Partner and Head of Strategy at Ciera Advisors LLP and is associated with Inflection Point Ventures as an investor.

She is not related to any existing directors or key managerial personnel and is not debarred from holding office by SEBI or other authorities.

Bajaj Hindusthan Sugar shareholders appointed three new directors and approved FY26 financials at its 94th Annual General Meeting on August 27, 2026.

The meeting commenced at 11:00 am and concluded at 1:15 pm at the company's registered office in Lakhimpur-Kheri, Uttar Pradesh. Mr. Ajay Kumar Sharma, Managing Director, chaired the proceedings in the absence of Chairman Mr. Kushagra Bajaj. All six resolutions placed before shareholders were passed.

Board Appointments

The shareholders approved three significant additions to the board based on the recommendation of the Nomination and Remuneration Committee:

• Mr. Nand Lal Kalra (DIN: 05268554) as an Independent Director for a five-year term commencing August 28, 2026, up to August 27, 2031. A former Accountant Member of the Income Tax Appellate Tribunal (ITAT) and a 36-year veteran of the Indian Revenue Service (IRS), he brings over five decades of experience in public administration and corporate board governance.
• Mr. Sanoj Kumar Potdar (DIN: 11760195) as a Non-Executive, Nominee Director representing Punjab National Bank, effective August 28, 2026. He is currently Deputy General Manager with PNB HO Treasury Division, Mumbai, and holds certifications including Financial Risk Manager (FRM).
• Dr. Anil Rishiraj (DIN: 02853310) as a Non-Executive, Non-Independent Director, effective May 29, 2026. With over 43 years of professional experience, he has been working with Lalitpur Power Generation Company Limited since March 4, 2014.

Mr. Ajay Kumar Sharma was also re-appointed as Managing Director after retiring by rotation. None of the newly appointed directors have disclosed relationships with existing board members.

Financial Statements and Auditors

Members adopted the standalone and consolidated financial statements for the fiscal year ended March 31, 2026. The company also ratified the remuneration payable to its Cost Auditors for the financial year 2026-27.

Voting Process

The company utilized remote e-voting facilities provided by National Securities Depository Limited (NSDL). Voting commenced on August 24, 2026, and concluded on August 26, 2026. M/s. Ranjeetkumar Sharma & Associates served as the scrutinizer for the remote e-voting process, while Mr. Avinash Chaturvedi conducted the poll at the venue.