magadh sugar & energy announced that Mr. Vikas Chandra Tyagi has withdrawn his resignation as Executive President of the Sidhwalia unit. The company disclosed in a regulatory filing on June 12, 2026, that Mr. Tyagi will continue to hold the position without any break in his services. This development follows the company's previous intimation on June 8, 2026, regarding his resignation due to personal reasons and to pursue other professional opportunities, which was set to be effective at the close of business hours on June 30, 2026.

The withdrawal ensures continuity in the senior management role at the Sidhwalia unit. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that there are no material reasons beyond the stated personal circumstances for the initial resignation.

Management Update

The filing provided specific details regarding the withdrawal of the resignation and the continuation of the senior management personnel's role.

Promoters of Magadh Sugar & Energy Limited , including SIL Investments Limited, have disclosed their shareholding status for the financial year ended March 31, 2026. The filings confirm that no new encumbrances were created on the shares of the company during FY26, other than those already disclosed to the stock exchanges and the company. These disclosures were submitted to the National Stock Exchange of India Ltd and BSE Ltd in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Disclosures

The disclosures cover the shareholding of the promoters and persons acting in concert with them. SIL Investments Limited submitted a declaration confirming that it, along with persons acting in concert, has not made any encumbrance, directly or indirectly, on the shares of Magadh Sugar & Energy Limited during the financial year ended March 31, 2026. Individual promoters, including Nandini Nopany, Chandra Shekhar Nopany, Urvi Mittal, and Arhant Vikram Nopany, also confirmed that they had not made any encumbrances on their shares during the specified period.

Corporate Entity Filings

Several corporate entities within the promoter group filed similar declarations. These include Shekhar Family Trust, Shruti Family Trust, Avadh Sugar & Energy Limited, Champaran Marketing Company Limited, and Deepshikha Trading Company Private Limited. Other entities such as La Monde Trading & Investments Private Limited, New India Retailing & Investment Limited, and Nilgiri Plantations Limited also submitted confirmations regarding the absence of new encumbrances.

Additional Promoter Entities

The list of disclosing entities extends to Narkatiaganj Farms Limited, OSM Investment & Trading Company Limited, Palash Securities Limited, and Pavapuri Trading & Investment Company Limited. Further disclosures were received from Rajpur Farms Limited, Ronson Traders Limited, RTM Investment & Trading Company Limited, and Shree Vihar Properties Limited. The final set of filings included Sonali Commercial Limited, Sidh Enterprises Limited, SCM Investment & Trading Company Limited, Uttam Commercial Limited, and Yashovardhan Investment & Trading Company Limited.