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.

Rana sugars Limited has strengthened its leadership team by appointing Mr. Gaurav Garg, the company's Chief Financial Officer, as an Additional Director in the category of Whole-time Director. The appointment marks a significant step in the company's governance structure and reflects confidence in Mr. Garg's capabilities and contributions to the organization.

Board Approval and Appointment Details

The Board of Directors approved Mr. Garg's appointment during their meeting held on February 26, 2026, following the recommendation of the Nomination and Remuneration Committee. The appointment complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Professional Background and Qualifications

Mr. Gaurav Garg brings substantial expertise to his new role as Whole-time Director. Born on July 29, 1980, he is a qualified Chartered Accountant with a Bachelor of Commerce degree. His professional experience spans over 15 years in finance, taxation, and corporate laws.

Key Professional Highlights:

• Current Role: Chief Financial Officer since February 9, 2021
• Experience: Over 15 years in finance, taxation, and corporate laws
• Previous Employment: Self-employed before joining Rana Sugars Limited
• Shareholding: Holds no shares in the company
• Residence: Flat No. 659-B, JTPL City, Sector 115, Mohali-140307

Regulatory Compliance and Independence

The company has confirmed that Mr. Garg meets all regulatory requirements for the appointment. He is not debarred from holding the office of Director by virtue of any SEBI order or any other authority, as confirmed in accordance with BSE Circular No. LIST/COMP/14/2018-19 dated June 20, 2018.

Additionally, Mr. Garg maintains independence in his relationships, as he is not related to any of the existing Directors on the Board. This ensures proper governance structure and maintains the integrity of the Board's decision-making process.

Regulatory Framework and Next Steps

The appointment has been made pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided all required details under Regulation 30(6) and relevant SEBI circulars, including SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The appointment is subject to retirement by rotation and requires approval from shareholders as per the provisions of the Companies Act, 2013, SEBI LODR, and other applicable rules and regulations. This appointment reflects the company's commitment to strengthening its leadership team with experienced professionals who can contribute to its strategic objectives and operational excellence.