Rana Sugars Limited has issued an official postal ballot notice seeking shareholder approval for the appointment of Mr. Gaurav Garg as Director and Whole-time Director with the functional designation of Chief Financial Officer. The company filed the notice on April 24, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Process and Key Dates

The postal ballot process will be conducted exclusively through e-voting in compliance with regulatory requirements. The company has appointed Central Depository Services (India) Limited (CDSL) as the agency for providing e-voting facility and Mr. Ajay Arora of M/s A. Arora & Co. as the scrutinizer to conduct the postal ballot process.

Proposed Resolutions for Shareholder Approval

The postal ballot notice includes two specific resolutions for shareholder consideration:

Ordinary Resolution: Appointment of Mr. Gaurav Garg (DIN: 10713039) as Director of the Company with functional designation of Chief Financial Officer.

Special Resolution: Appointment of Mr. Gaurav Garg (DIN: 10713039) as a Whole-time Director of the Company with functional designation of Chief Financial Officer for a period of five consecutive years from February 26, 2026 to February 25, 2031.

Background and Remuneration Structure

Mr. Garg was initially appointed as an Additional Director by the Board on February 26, 2026 and holds office until the date of the next Annual General Meeting. He is a Chartered Accountant with a Bachelor of Commerce degree and brings over 15 years of experience in finance, taxation, and corporate laws. He was appointed as CFO of the company on February 9, 2021.

According to the explanatory statement, no additional remuneration shall be payable as Whole-time Director. Mr. Garg will continue to draw his existing remuneration in the specified range, to which he is already entitled in the capacity of CFO prior to his appointment as Whole-time Director.

Company Financial Performance

The company's standalone financial performance demonstrates steady growth:

The resolutions, if passed by the requisite majority, will be deemed to have been passed on May 24, 2026. The results of the voting will be announced within 48 hours of the end of the voting period and will be displayed on the company's website at www.ranasugars.com and on CDSL's website at www.evotingindia.com .

Rana sugars Limited has announced the appointment of Mr. Sukhwant Singh as Vice President (Operation), Senior Management Personnel, effective April 10, 2026. The appointment was approved by the Board of Directors on April 9, 2026, following the recommendation of the Nomination and Remuneration Committee.

Board Approval and Regulatory Compliance

The company informed stock exchanges about this senior management appointment in compliance with Regulation 30 of SEBI (Listing Obligation Disclosures Requirements) Regulations, 2015. The board resolution was passed by circulation on April 9, 2026, with the appointment taking effect from April 10, 2026.

Professional Background and Expertise

Mr. Sukhwant Singh brings extensive experience to his new role, with over 35 years of expertise in the sugar industry. He currently serves as Unit Head at Bajaj Hindusthan Sugar Ltd., Pratappur (U.P.), demonstrating his operational leadership capabilities in large-scale sugar manufacturing operations.

Educational Qualifications and Certifications

Mr. Singh holds a Diploma in Mechanical Engineering along with NSI (SECC) certification, providing him with the technical foundation necessary for overseeing complex industrial operations. His educational background aligns well with the operational requirements of sugar manufacturing and processing.

Career Progression and Leadership Experience

Throughout his career, Mr. Singh has demonstrated consistent growth and technical excellence in the sugar industry. His professional journey includes progression through multiple senior roles, showcasing his ability to handle increasing responsibilities and complex operational challenges.

Operational Expertise and Technical Capabilities

Mr. Singh has demonstrated leadership in managing large-scale sugar plants, including co-generation facilities. His expertise encompasses plant operations, maintenance, and engineering management, making him well-suited for the Vice President (Operation) role at Rana Sugars Limited.

The appointment reflects the company's commitment to strengthening its operational leadership with experienced professionals who have proven track records in the sugar industry. Mr. Singh's extensive background in managing complex sugar manufacturing operations is expected to contribute to the company's operational efficiency and growth objectives.