Bannari Amman Sugars has confirmed September 16, 2026 as the record date for payment of dividends for FY26. This date also serves as the cut-off for reckoning voting rights for members attending the upcoming annual general meeting.

The company scheduled its 42nd Annual General Meeting for September 23, 2026, to be conducted through Video Conferencing or Other Audio Visual Means. Shareholders will transact ordinary business items, including approval of audited financial statements for the year ended March 31, 2026, and declaration of equity share dividends.

Governance and Special Resolutions

Members will vote on the re-appointment of Managing Director B Saravanan, who retires by rotation. Additionally, shareholders will consider a special resolution to alter the Object Clauses of the Memorandum of Association. This amendment aligns the company’s charter with the Companies Act, 2013, by removing the obsolete "Other Objects" clause. The Board also seeks ratification of remuneration for Cost Auditor Sri M Nagarajan.

Share Transfer Window and Tax Deductions

Pursuant to a Securities and Exchange Board of India (SEBI) circular dated January 30, 2026, a special window has been opened from February 5, 2026, to February 4, 2027, for the transfer and dematerialization of physical shares sold or purchased prior to April 1, 2019. Shares transferred during this period will be credited only in demat mode and will be under lock-in for one year from the date of registration. They cannot be transferred, lien-marked, or pledged during this lock-in period.

Dividends are subject to tax deduction at source (TDS) as per the Income Tax Act, 1961. Resident individual shareholders with a Permanent Account Number (PAN) who are not liable to pay income tax can submit Form 15G or 15H to avail non-deduction benefits. Declarations must be emailed to investor@cameoindia.com on or before September 16, 2026.

Voting Logistics and Timeline

Central Depository Services (India) Limited (CDSL) has been engaged to facilitate the remote e-voting process. E-voting will be available from September 19 to September 22, 2026. Members holding shares in physical form are advised to update their KYC details with the Registrar and Transfer Agent, M/s Cameo Corporate Services Ltd, to ensure smooth processing of dividend payments and service requests.

The Register of Members and Shares Transfer Books will remain closed from September 17, 2026, to September 23, 2026, in accordance with Section 91 of the Companies Act, 2013.

Bannari Amman Sugars submitted its Business Responsibility and Sustainability Report (BRSR) for the fiscal year ended March 31, 2026. The filing outlines the company’s environmental performance, social governance practices, and operational sustainability metrics across its integrated sugar, distillery, and power generation businesses.

The report highlights a significant reduction in total energy consumption, which fell to 83,63,296 GJ in FY26 from 1,01,09,347 GJ in FY25. This decline coincided with a decrease in energy intensity per rupee of turnover to 0.000436 GJ/₹ from 0.000564 GJ/₹. The company attributes these improvements to process optimizations, including the replacement of conventional lighting with LED fittings and upgrades to centrifugal machinery.

Environmental Performance

Water management remains a critical focus, with total water withdrawal decreasing to 44,61,884.39 kilolitres in FY26 compared to 48,53,243.37 kilolitres in FY25. Groundwater withdrawal dropped sharply to 25,257.85 kilolitres from 63,000.50 kilolitres the previous year. The company implemented Zero Liquid Discharge (ZLD) systems in its distillery units, treating effluent through biological processes and reverse osmosis for reuse.

Greenhouse gas emissions saw mixed trends. Scope 1 emissions rose to 1,53,992.47 metric tonnes of CO2 equivalent from 1,11,742.61 metric tonnes in FY25. However, Scope 2 emissions declined to 5,784.53 metric tonnes from 8,953.24 metric tonnes. Total waste generated fell significantly to 8,73,433.12 metric tonnes from 11,93,035.41 metric tonnes, driven by lower non-hazardous waste output.

Social and Governance Metrics

The company employs 478 permanent employees and 1,800 workers. Training coverage remained robust, with 85.36% of employees and 82.94% of workers receiving health and safety training in FY26. The workforce is predominantly male, with females constituting just 0.21% of permanent employees and 0.39% of workers.

Safety records improved, with zero lost-time injuries reported for both employees and workers in FY26. In contrast, FY25 recorded 21 recordable work-related injuries among workers. Union membership among permanent workers decreased to 43.31% from 50.93% in the prior year.

What the Numbers Show

A notable divergence exists between energy consumption and greenhouse gas emissions. While total energy consumption dropped by approximately 17% year-on-year, Scope 1 emissions increased by nearly 38%. This suggests that the reduction in energy use was primarily achieved through efficiency gains in electricity and non-carbon-intensive fuel sources, while operational intensity or feedstock composition in carbon-heavy processes may have shifted. Additionally, waste recovery operations expanded substantially, with recycled and reused waste jumping to 5,15,634.00 MT from 96,228.00 MT, indicating a stronger push toward circular economy practices despite lower overall waste generation.