Sakthi Sugars has scheduled remote e-voting for its 64th Annual General Meeting from September 22 to September 24, 2026. The meeting itself will be held on September 25 via video conferencing.

The company announced the voting timeline in compliance with SEBI Listing Regulations and the Companies Act, 2013. The notice was published in Financial Express and Dinamani on August 29, 2026, correcting an earlier reference to August 27.

Voting Timeline and Eligibility

Shareholders can cast their votes electronically during the specified window. The process is managed by MUFG Intime India Pvt. Ltd.

• Remote E-voting Period: Commences on September 22, 2026, at 9:00 am and ends on September 24, 2026, at 5:00 pm.
• Cut-off Date: September 18, 2026. Only members registered in the depository or company records as of this date are eligible to vote.
• Scrutinizer: M.D. Selvaraj, Managing Partner of M/s. MDS & Associates LLP, has been appointed as the scrutinizer for the voting process.

Members who have already voted remotely may attend the AGM but cannot vote again during the meeting. Once a vote is cast, it cannot be changed.

Meeting Agenda

The AGM will transact business regarding financial approvals and director appointments:

• Financial Approval: Adoption of audited financial statements for FY26.
• Director Reappointments: Reappointment of Sri M. Srinivaasan as Joint Managing Director and Sri M. Balasubramaniam as Managing Director for five years without remuneration. A special resolution seeks approval for Balasubramaniam to continue beyond age 70.
• New Director: Appointment of Sri S. Chandrasekhar as a Non-Executive Non-Independent Director.
• Other Resolutions: Ratification of cost auditor remuneration for FY27 and authorization for board donations up to ₹20 lakh for FY27-28.

Financial Performance

The company reported a significant decline in profitability for FY26, despite a rise in other income.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE623A01011/4b55dadf-1432-41e7-bdcd-621f2c8668b6.pdf

Shareholder Instructions

Members holding physical shares must register their email IDs with their Depository Participants or the RTA to access documents and vote online. The annual report is available on the company website and stock exchange portals.

The company reminded shareholders to update KYC details as per SEBI Master Circular No. HO/38/13/(4)2026-MIRSD-POD/1/4298/2026 dated February 6, 2026. Folios lacking updated PAN, nomination, or bank details will only receive payments electronically from April 1, 2024.

Sakthi Sugars reported a standalone net loss of ₹18.3 crore for the first quarter of FY26 (ended June 30, 2026), widening slightly from a net loss of ₹11.0 crore in the corresponding period of FY25. Total income stood at ₹381.4 crore, while total expenses were ₹383.8 crore. The company’s revenue from operations grew 24.6% year-on-year to ₹376.9 crore, up from ₹302.4 crore in Q1FY25.

Financial Performance

The quarterly result was influenced by divergent performance across segments. The power segment contributed significantly to profitability with a pre-tax profit of ₹220.5 crore, while the core sugar business recorded a pre-tax loss of ₹29.5 crore. Industrial alcohol operations generated a pre-tax profit of ₹13.8 crore.

Finance costs remained relatively stable at ₹24.2 crore, compared to ₹25.4 crore in the previous year. The company recognized ₹66.0 lakh under other income as carrying costs related to tariff revisions for its co-generation units, following a judgment by the Appellate Tribunal for Electricity dated December 22, 2025.

What the Numbers Show

A significant divergence exists between top-line growth and bottom-line performance. While revenue expanded by nearly 25%, the company returned to a net loss position after posting a full-year net profit of ₹28.1 crore in FY25. This shift is largely attributable to the seasonal nature of the sugar industry, where the crushing season typically drives costs and inventory changes that impact quarterly profitability. The power segment’s robust contribution of ₹220.5 crore in pre-tax profit helped cushion the overall impact of the sugar segment’s losses.

Board Approvals and Corporate Actions

During its meeting on August 13, 2026, the Board of Directors approved several key appointments and re-appointments:

• Additional Director: S. Chandrasekhar was appointed as Additional Non-Executive Non-Independent Director until the next Annual General Meeting (AGM).
• Managing Directors: M. Balasubramaniam and M. Srinivaasan were re-appointed as Managing Director and Joint Managing Director, respectively, for a five-year term starting August 27, 2026. Both will serve without remuneration, subject to shareholder approval.
• Internal Audit: Smt. R. Jeysree, Manager – Costing, was appointed to head the Internal Audit Department following the retirement of Sri P. Sankararaja Pandian.
• Cost Auditors: STR & Associates was appointed as Cost Auditors for FY27.

The 64th Annual General Meeting is scheduled for September 25, 2026, to be conducted via Video Conferencing or Other Audio-Visual Means. The statutory auditors, M/s P.N. Raghavendra Rao & Co., issued a limited review report on the unaudited financial results.