Gayatri Sugars Limited concluded its 31st Annual General Meeting on September 29, 2026. The virtual gathering focused on adopting the audited financial statements for the fiscal year ended March 31, 2026, and ratifying key administrative appointments.

The meeting commenced at 11:30 am and concluded at 12:05 pm. Due to regulatory compliance with Ministry of Corporate Affairs and SEBI circulars, the event was conducted entirely through two-way Video Conferencing and Other Audio-Visual Means. Physical attendance was not permitted, and proxy appointments were deemed inapplicable.

Proceedings and attendance

Mrs. T Sarita Reddy, Managing Director, chaired the session in the absence of the Board Chairperson. Mrs. T Indira Reddy, the Chairperson, did not attend due to pre-occupation. All other Directors participated virtually from their respective locations.

Key professionals present included:

• Mr. Oommen Mani, Partner at MOS & Associates LLP (Statutory Auditors)
• Mr. Giridhari Lal Toshniwal, Partner at PPKG & Co (Internal Auditors)
• A representative for the Secretarial Auditor
• Mr. Y Koteswara Rao, Scrutinizer for e-voting

Resolutions passed

The members transacted both ordinary and special business through remote e-voting. The Notice convening the AGM and the Auditor’s Report were taken as read with member consent.

The ordinary business included the adoption of the Board’s reports and the re-appointment of Mrs. T Indira Reddy, who retired by rotation and offered herself for re-election. The special business involved ratifying the remuneration of M/s. Narasimha Murthy & Co., Cost Accountants, Hyderabad, for the financial year 2026-27.

Voting results and scrutiny

The scrutinizer’s report, dated September 30, 2026, detailed the voting outcomes for the three resolutions. A total of 116 shareholders participated in the voting process, representing 36,530,650 shares. The cut-off date for determining voting rights was September 22, 2026.

All three resolutions were passed with a requisite majority, securing approximately 98.97% of valid votes in favour across all items.

For the first resolution, 108 shareholders voted in favour while 8 voted against. For the second and third resolutions, 107 shareholders voted in favour and 9 voted against. No invalid votes were recorded in any of the three items.

Voting and closure

No questions were raised by members during the open floor segment. The e-voting facility remained open for 15 minutes after the Chairperson’s closing remarks. Mrs. D S V R Susmitha, Company Secretary, declared the meeting closed upon completion of the voting process.

Consolidated voting results will be disseminated to stock exchanges and published on the company website within two working days, by October 1, 2026.

Gayatri Sugars has scheduled its 31st Annual General Meeting (AGM) for Tuesday, September 29, 2026, at 11:30 am. The meeting will be conducted via Video Conference or Other Audio Visual Means (OAVM), with the deemed venue at the company’s registered office in Hyderabad.

Agenda Highlights

The primary ordinary business involves receiving, considering, and adopting the audited financial statements for the fiscal year ended March 31, 2026, along with the reports of the Board of Directors and Auditors.

Shareholders will also vote on the re-appointment of Mrs. T Indira Reddy (DIN: 00009906) as a director liable to retire by rotation. She has served on the board since July 21, 2005, bringing over 30 years of experience in the construction and sugar industries. As of the notice date, she holds 37,93,508 shares in the company.

Cost Auditor Ratification

Under special business, shareholders are asked to ratify the remuneration of M/s. Narasimha Murthy & Co., Cost Accountants, as the cost auditors for FY27. The board approved a fee of ₹2,00,000 per annum plus applicable taxes and out-of-pocket expenses for auditing the cost records of the sugar, power, and distillery divisions.

What the Numbers Show

The appointment of M/s. Narasimha Murthy & Co. covers three distinct operational divisions: sugar, power, and distillery. This indicates that the company’s cost compliance requirements remain multi-faceted, necessitating specialized audit oversight across its core manufacturing verticals rather than a single-product focus.

E-Voting and Logistics

The register of members will be closed from September 23, 2026, to September 29, 2026. The cut-off date for eligibility to attend and vote is September 22, 2026. Remote e-voting opens on September 26, 2026, at 9:00 am and closes on September 28, 2026, at 5:00 pm.

Mr. Y. Koteswara Rao, Practicing Company Secretary, has been appointed as the scrutinizer for the voting process. Members holding shares in physical form are advised to dematerialize their holdings, as per SEBI regulations mandating securities in demat form only for service requests.