Rajshree Sugars & Chemicals Limited reported a total income of ₹54,894.36 lakh and a net profit of ₹113.59 lakh for the financial year ended March 31, 2026. The company's operational performance included sugar production of 98,521 MT and power generation of 1,376 lakh units. The Board has recommended the reappointment of Mr. R. Varadarajan as Wholetime Director and the appointment of M/s. Karthikeyan & Jayaram as Statutory Auditors for a five-year term.

The company has scheduled its 40th Annual General Meeting (AGM) for July 23, 2026, at 11:00 AM through video conferencing. The meeting will be held at the company's registered office in Coimbatore. Pursuant to Section 91 of the Companies Act, 2013, the Register of Members and Share Transfer Books will remain closed from July 17, 2026, to July 23, 2026. The remote e-voting facility will be available from July 20, 2026, at 9:00 AM to July 22, 2026, at 5:00 PM, with the cut-off date for eligibility being July 16, 2026.

Financial Performance

The company achieved a turnover of ₹54,467.74 lakh for the financial year 2025-26. The net profit before tax was ₹191.67 lakh, and the net profit after tax stood at ₹113.59 lakh. The Board has not recommended any dividend for the year 2025-26 to conserve financial resources for operational requirements.

Operational Highlights

During FY 2025-26, the Sugar Division crushed 11,29,060 MT of sugarcane with a recovery rate of 8.73%. The Cogeneration Division produced 1,376 lakh units of power, exporting 831 lakh units to the grid. The Distillery Division produced 177 lakh litres of alcohol, with sales volume reaching 169 lakh litres.

Board and Auditor Appointments

The Board has recommended the reappointment of Mr. R. Varadarajan (DIN: 00001738) as Wholetime Director for a period of five years from June 5, 2026. The remuneration package includes a salary of ₹10,00,000 per month and variable pay. Additionally, the Board has proposed the appointment of M/s. Karthikeyan & Jayaram, Chartered Accountants, as Statutory Auditors for the financial years 2026-27 to 2030-31, replacing the existing auditors M/s. S. Krishnamoorthy & Co.

The company has also ratified the remuneration of ₹2.50 lakh payable to M/s. S. Mahadevan & Co., Cost Auditors, for the financial year ending March 31, 2027.

Rajshree Sugars & Chemicals Ltd has appointed Mr. Madhan S as Senior Deputy General Manager (Head, Human Resources) and designated him as Senior Management Personnel, effective June 16, 2026. The appointment is subject to the company's employment policy. This strategic move aims to bolster the organization's human resources capabilities with an experienced professional.

The disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Mr. Madhan S. has been designated as a Senior Management Personnel.

Mr. Madhan S. is a Human Resources professional with over 20 years of experience in Human Resources Management, Industrial Relations, Employee Relations, and Organisational Development across diverse industries. Prior to this role, he served as Deputy General Manager – HR & IR at India Pistons Limited. He has also held leadership positions with UltraTech Cement Limited, TVS Brakes India Limited, KIP India Private Limited, and TVS Logistics.

He holds an M.Phil. in Human Resources, an MBA, and a Bachelor's degree in Physics. The appointment was signed off by M Ponraj, Company Secretary, on behalf of Rajshree Sugars & Chemicals Limited.

Key Details of Appointment