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.

Gayatri Sugars promoters released encumbrance on 7.9 million equity shares on August 13, 2026, reducing the pledged stake to 10.63% of total share capital.

The disclosure was filed with stock exchanges and the company under Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The reporting date for the filing was August 23, 2026.

Promoter Stake Details

Three individual promoters executed the release: T.V. Sandeep Kumar Reddy, T. Indira Reddy, and T. Subbarami Reddy. The total promoter group holding stands at 46.94% of the company’s equity share capital.

T. Subbarami Reddy fully released the encumbrance on his entire holding of 3,255,814 shares. T.V. Sandeep Kumar Reddy released encumbrance on 2,513,031 shares, while T. Indira Reddy released it on 143,508 shares.

What the Numbers Show

The release reduces the overall encumbered promoter stake from 18.59% to 10.63%. This indicates a significant de-pledging activity within the promoter group, potentially improving the liquidity profile of their holdings. Other promoter entities, including Gayatri Fin Holdings Private Limited and T.S.R Holdings Private Limited, held no encumbered shares during this period.