Rajshree Sugars & Chemicals Limited has scheduled its 40th Annual General Meeting (AGM) for July 23, 2026, at 11:00 AM through Video Conferencing or Other Audio Visual Means. The meeting will seek shareholder approval for the reappointment of Mr. R. Varadarajan as Wholetime Director for a period of five years and the appointment of statutory auditors for the term FY 2026-27 to FY 2030-31. The Register of Members will remain closed from July 17, 2026, to July 23, 2026, for the purpose of determining eligibility to vote.

The Board of Directors has recommended the appointment of M/s. Karthikeyan & Jayaram, Chartered Accountants, as the statutory auditors, replacing M/s. S. Krishnamoorthy & Co., who complete their term. The proposed audit fee is ₹9.00 lakhs per financial year, exclusive of taxes and expenses. Additionally, the meeting will ratify the remuneration of ₹2.50 lakhs payable to M/s. S. Mahadevan & Co., Cost Auditors, for the financial year ending March 31, 2027.

Mr. R. Varadarajan, who has been serving as Wholetime Director since June 5, 2003, is proposed to be reappointed for a term ending June 4, 2031. The remuneration package includes a salary of ₹10,00,000 per month, 10% variable pay, and a Leave Travel Allowance of ₹5,00,000 per annum. The resolution requires a special resolution to approve his continuation after attaining the age of 70 years during the tenure.

The company reported a turnover of ₹54,467.74 lakhs and a net loss of ₹10,273.04 lakhs for the financial year 2025-26. The Board has not recommended any dividend for the financial year ended March 31, 2026. Shareholders may participate in remote e-voting from July 20, 2026, at 9:00 AM to July 22, 2026, at 5:00 PM, with the e-voting cut-off date set as July 16, 2026.

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