E.I.D.- Parry (India) Limited has scheduled its 51st Annual General Meeting for Wednesday, August 12, 2026, at 3:00 PM IST via video conferencing. The meeting will address the adoption of financial statements for FY 2025-26, the re-appointment of a director, and a special resolution regarding the disposal of assets of its material subsidiary, Parry Sugars Refinery India Private Limited (PSRIPL). The remote e-voting period commences on August 08, 2026, and concludes on August 11, 2026.

AGM Agenda: Key Resolutions

The AGM will transact both ordinary and special business. The following table summarises the key resolutions proposed:

PSRIPL Closure: Background to Special Resolution

The special resolution on PSRIPL asset disposal is directly linked to the Board's decision to close operations of PSRIPL's sugar refinery unit with effect from the close of working hours on March 31, 2026. Operations were adversely impacted by changes in global market conditions, increased operating costs, and operational disruptions, resulting in continued losses. PSRIPL is required to obtain regulatory approvals, complete the SEZ exit process, and undertake dismantling and disposal of assets. As PSRIPL is a material subsidiary under Regulation 16(1)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Regulation 24(6) requires prior shareholder approval by Special Resolution for disposal of assets exceeding 20% of PSRIPL's total assets.

Standalone Financial Performance: FY 2025-26

The company's standalone financial performance for FY 2025-26 reflected improved operating metrics but significant exceptional charges. The following table presents key standalone financial indicators:

The standalone loss was significantly influenced by an impairment charge of ₹ 40,060 lakhs recognised on the investment in PSRIPL and a provision of ₹ 59,132 lakhs towards financial guarantee obligations related to PSRIPL's closure. The Book Value per share stood at ₹ 105.29 as on March 31, 2026. Earnings per share for the year ended March 31, 2026 stood at ₹ (39.83).

Consolidated Financial Performance: FY 2025-26

At the consolidated level, the Group delivered revenue growth, though profitability was impacted by exceptional items.

Segment Performance Highlights

The sugar segment contributed 40% of standalone turnover during FY 2025-26. Total cane crushed was 38.40 LMT, an increase of approximately 3%. Gross recovery improved to 10.91%. The distillery segment contributed 37% of standalone revenues, with revenues standing at ₹ 1,151.37 Crore. The Consumer Products Group (CPG) segment revenue declined by approximately 31% to ₹ 607.15 Crore, attributable to lower Government-mandated release quotas and channel rationalisation.

E-Voting and Participation Details

The remote e-voting period begins on Saturday, August 08, 2026 at 9:00 a.m. IST and ends on Tuesday, August 11, 2026 at 5:00 p.m. IST. The cut-off date for determining eligible voters is Wednesday, August 05, 2026. Mr. R. Sridharan of M/s. R. Sridharan & Associates, Practising Company Secretaries, has been appointed as scrutiniser.

EID Parry will conduct its 51st Annual General Meeting (AGM) on Wednesday, August 12, 2026, at 3:00 p.m. IST via video conferencing or other audio-visual means. The meeting is being held to transact business outlined in the AGM notice, adhering to the provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Notice of the 51st AGM and the Annual Report for the Financial Year 2025-26 will be distributed electronically. Shareholders holding shares in dematerialised form will receive these documents via email registered with their Depository Participants. Those holding shares in physical form will receive them through the company's Registrar and Share Transfer Agents, M/s. KFin Technologies Limited (KFin). Physical copies will be dispatched only to shareholders who specifically request them via email.

Accessing Documents and Voting

The AGM notice and Annual Report will be available on the company’s website at www.eidparry.com , as well as on the BSE and NSE websites. Additionally, National Securities Depository Limited (NSDL) will provide the e-voting facility, with details accessible at https://evoting.nsdl.com . A separate communication containing the web link for the Annual Report will be sent to shareholders whose email addresses are not registered with the company or depositories.

Shareholders can cast their votes remotely on the agenda items through the remote e-voting system. Specific instructions for dematerialised and physical shareholdings, including institutional shareholders, will be included in the notes to the AGM notice. These details will also be published on the company's shareholder meeting webpage.

Updating Contact Details

Shareholders must ensure their email addresses are registered to receive electronic communications. The procedures for updating details vary by holding type:

Detailed instructions for joining the video conference and participating in the meeting will be provided in the official AGM notice.