Ponni Sugars (Erode) Limited reported a net profit of ₹48.03 crore for the financial year ended March 31, 2026, a substantial increase from ₹19.28 crore in the previous year. The company’s total income rose to ₹429.46 crore from ₹371.41 crore in FY25, driven by improved operational performance and exceptional income from favourable legal rulings. Profit before tax for the year stood at ₹90.25 crore, compared to ₹28.04 crore in the prior year.

The Board of Directors has recommended a dividend of ₹5.00 per equity share of ₹10 each for FY26, subject to shareholder approval at the Annual General Meeting (AGM). The record date for determining eligibility is June 5, 2026. The company has scheduled its 30th AGM for Wednesday, June 24, 2026, at 11:00 AM via video conference. The meeting will be conducted in compliance with the Companies Act, 2013, and relevant SEBI regulations.

Financial and Operational Performance

The company’s operational metrics improved, with cane crushed increasing to 7,05,576 tonnes and sugar recovery rising to 9.79% from 9.17% in the previous season. Power production reached 118.9 lakh units. The financial results were bolstered by exceptional income of ₹51.64 crore, primarily arising from a favourable Appellate Tribunal for Electricity (APTEL) order regarding tariff determination and the derecognition of parallel operation charges.

Key AGM and Dividend Details

Shareholders holding shares in demat mode must ensure their bank account details, email addresses, and mobile numbers are registered with their Depository Participants or the Registrar and Transfer Agent to receive the dividend payout and AGM communications. The facility for remote e-voting will be available as per the schedule listed above.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE838E01017/55ccd888-93ac-4c03-8e0f-5567135592db.pdf

Ponni Sugars (Erode) Limited has filed its Secretarial Compliance Report for the financial year ended March 31, 2026, with the stock exchanges. The report, issued by V Suresh Associates, Practising Company Secretaries, confirms that the listed entity has complied with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Compliance Status

The audit examined the company's adherence to various SEBI regulations, including those related to insider trading, buybacks, and share-based employee benefits. The report states there were no events during the audit period concerning capital issuance, substantial acquisition of shares, or buybacks of securities. Consequently, the company reported no deviations or non-compliances.

Key Findings

The report highlights the company's adherence to secretarial standards and the maintenance of its functional website. It confirms that all applicable policies under SEBI Regulations were adopted by the board of directors and updated timely. Additionally, the company has conducted performance evaluations of the Board and its committees as prescribed.

The report further notes that no action has been taken against the listed entity, its promoters, or directors by SEBI or the stock exchanges. It also confirms compliance with regulations regarding the preservation of documents and the disclosure of events or information under Regulation 30.

Auditor Certification

V Suresh Associates certified the report based on an examination of documents, records, and filings made by the company. The firm clarified that the report is neither an audit nor an expression of opinion on the financial records. It is intended solely for the purpose of compliance with Regulation 24A of the SEBI (LODR) Regulations, 2015.