SBEC Sugar Limited has completed a significant leadership transition with the appointment of Mr. Madhur Agarwal as Company Secretary and Compliance Officer, effective May 01, 2026. This appointment follows the recent resignation of Mr. Anil Kumar Goel from the same position, ensuring continuity in the company's regulatory compliance framework.

Leadership Transition Details

The company announced Mr. Madhur Agarwal's appointment through formal communication to the Bombay Stock Exchange on May 01, 2026, in compliance with Regulation 30 of the SEBI Listing Regulations. The appointment was made effective from the same date, demonstrating the company's commitment to maintaining uninterrupted compliance operations.

New Appointee Profile

Mr. Madhur Agarwal brings fresh expertise to the role as an Associate Member of the Institute of Company Secretaries of India (ICSI) with membership number ACS 72821. He successfully completed the Company Secretary course in December 2022 and holds a bachelor's degree in law from Chaudhary Charan Singh University, which he completed in December 2023.

Regulatory Compliance Framework

The appointment has been made in accordance with the provisions of the Companies Act, 2013, and the SEBI Listing Regulations, designating Mr. Agarwal as Key Managerial Personnel. The company has ensured full compliance with disclosure requirements under SEBI Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Seamless Transition Process

The appointment ensures seamless transition of compliance responsibilities, with Mr. Goel continuing his role as Chief Financial Officer while Mr. Agarwal takes over the Company Secretary and Compliance Officer functions. This strategic arrangement maintains operational continuity while bringing specialized expertise to the compliance function. The company has indicated that the appointment details will be formally noted in the upcoming board meeting, completing all procedural requirements for the leadership transition.

SBEC Sugar Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling mandatory regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The filing, dated April 10, 2026, pertains to the quarter ended March 31, 2026.

Regulatory Compliance Filing

The certificate was filed pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer A.K. Goel submitted the documentation on behalf of SBEC Sugar Limited, with the filing digitally signed and authenticated.

Registrar Confirmation

Beetal Financial & Computer Services Private Limited, serving as the company's Registrar and Share Transfer Agent, provided the underlying certificate. The SEBI-approved Category I Registrar (Registration No. INR 000000262) confirmed compliance with dematerialization requirements for the quarter.

The registrar's certificate, dated April 3, 2026, and signed by General Manager Punit Mittal, addresses key regulatory compliance areas:

• Securities received from Depository Participants for dematerialization were properly confirmed to depositories
• All securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners within the mandated 15-day period

Regulatory Framework

The filing references multiple regulatory circulars and guidelines, including NSDL circular dated January 25, 2019, CDSL policy dated January 25, 2019, and SEBI letter dated January 24, 2019. These regulations ensure proper handling of dematerialization processes and maintain investor protection standards.

Corporate Compliance

This quarterly filing demonstrates SBEC Sugar Limited's adherence to mandatory regulatory requirements governing depositories and participants. The systematic submission of compliance certificates helps maintain transparency in share transfer and dematerialization processes, ensuring investor confidence and regulatory compliance.