Indian Sucrose Limited held its 35th Annual General Meeting on September 30, 2026, through video conferencing. The meeting focused on adopting the audited financial statements for FY26 and addressing auditor qualifications regarding accounting software and regulatory filings.

Meeting Proceedings and Attendance

The meeting commenced at 10:30 am and concluded at 12:08 pm. Kunal Yadav, Chairman and Managing Director, chaired the session. A total of 59 members attended the meeting virtually, satisfying the quorum requirements under the Companies Act, 2013. The company utilized National Securities Depository Limited (NSDL) facilities for remote e-voting and video conferencing.

Key personnel present included:

• Board Members: Jaitender Kumar, Geeta Sharma, Sudeep Saxena, Anil Kumar Punj, Anil Kumar Jain, and Birendra Kumar.
• Key Managerial Personnel: Ravindra Sharma (CFO), Anamika Raju (Company Secretary).
• Auditors: Representatives from M/s SSVS & Co. (Statutory Auditors) and Neeraj Arora & Associates (Secretarial Auditor).

Agenda Items and Resolutions

The members considered several ordinary and special business items. The resolutions were subject to e-voting, with results to be announced within two working days.

Auditor Observations and Qualifications

The Company Secretary informed members that the Auditors' Report on standalone financial statements contained specific qualifications. These observations, detailed in the Annual Report, included:

• Issues regarding the audit trail facility in the accounting software.
• Discrepancies between current asset values in books and stock statements submitted to banks.
• Delays in regulatory filings, resulting in fines imposed by BSE Limited.

Management representations and explanations regarding these audit remarks were made available in the Annual Report circulated to shareholders.

Voting and Compliance

Remote e-voting was conducted from September 27, 2026, to September 29, 2026. Members participating in the AGM who had not voted remotely were allowed to cast their votes during the meeting. Neeraj Arora, proprietor of Neeraj Arora & Associates, served as the scrutinizer. The company confirmed compliance with SEBI (LODR) Regulations, 2015, and relevant MCA circulars permitting virtual meetings.

Indian Sucrose has confirmed the dispatch of the notice and annual report for its 35th Annual General Meeting (AGM). The meeting is scheduled for September 30, 2026, at 10:30 am via Video Conference and Other Audio Visual Means.

The company informed shareholders that electronic copies were sent to those with registered email addresses. Physical letters containing web-links and QR codes were dispatched to others. Newspaper advertisements confirming the dispatch were published in Financial Express and Jansatta on September 8, 2026.

Key Approvals

The Board of Directors approved several key appointments during its meeting on September 3, 2026:

• Re-appointment of Mrs. Geeta Sharma as a Non-Executive Director. She retires by rotation and has offered herself for re-appointment.
• Re-appointment of M/s SSVS & Co., Chartered Accountants, as Statutory Auditors for a second term of five consecutive years.
• Appointment of M/s Neeraj Arora & Associates as Secretarial Auditors for five financial years, commencing from FY26-27.
• Ratification of remuneration for Cost Auditors, M/s Khushwinder Kumar & Co., for FY27.
• Ratification of the appointment of M/s Sanjay Grover & Associates as Secretarial Auditor for FY26 to fill a casual vacancy.

E-Voting Schedule

The cut-off date for determining voting eligibility is September 23, 2026. The remote e-voting period runs from September 27, 2026, at 9:00 am to September 29, 2026, at 5:00 pm. M/s Neeraj Arora & Associates serves as the Scrutinizer for the process.

The register of members will remain closed from September 24 to September 30, 2026. The documents are also available on the company website at www.muksug.in .