Shree Renuka Sugars has filed its annual report for FY26 with the stock exchanges, confirming the schedule for its 30th Annual General Meeting (AGM). The meeting is scheduled for September 22, 2026.

The company published newspaper advertisements in Financial Express and Kannada Prabha on September 1, 2026, to notify shareholders of the AGM and the availability of the annual report. The document was dispatched electronically to registered shareholders on August 31, 2026.

AGM Schedule and Voting Details

The 30th AGM will be conducted via video conferencing at 11:00 am on September 22, 2026. Shareholders holding shares as on the cut-off date of September 15, 2026, are eligible to vote.

Remote e-voting commences on September 19, 2026, at 9:00 am and concludes on September 21, 2026, at 5:00 pm. KFin Technologies Limited serves as the registrar for the voting process. Results will be declared by September 24, 2026.

Director Appointments and Remuneration

Shareholders will vote on several board appointments. Mr. Kuok Khoon Hong is up for re-appointment as a Non-Executive Director. Mr. Ravi Gupta’s re-appointment as Executive Director for five years is proposed, effective October 28, 2026. His annual remuneration is set to rise from ₹23.43 million to ₹25.07 million, alongside an annual bonus of ₹9.76 million for FY25-26 performance.

Mr. Vipin Kumar Rathi is proposed as Whole-Time Director for five years, effective August 5, 2026, with an annual cost to company of approximately ₹11.27 million. Mr. Kwek Ju-Yang, Mark will be appointed as a Non-Executive (Non-Independent) Director.

Related Party Transactions

The AGM seeks approval for related-party transactions with Wilmar Sugar India Private Limited (WSIPL). A modification to the FY25-26 management services fee structure shifts from a per-tonne basis to a lump-sum annual fee of ₹1 million, citing lack of sugar purchases by WSIPL.

For FY26-27, shareholders are asked to approve management services agreements with WSIPL valued at up to ₹10 million. These transactions aggregate with previously approved limits under SEBI Listing Regulations.

Financial Performance Context

The explanatory statement highlights a widening loss in FY26. The company incurred a net loss of ₹6,989 million, compared to a loss of ₹2,558 million in FY25. Total revenue declined to ₹86,756 million from ₹1,02,794 million in the prior year. Management attributed the results to headwinds in the refinery business, elevated sugarcane prices, and foreign exchange losses.

Shree Shree Renuka Sugars Limited filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, with the National Stock Exchange of India Limited and the Bombay Stock Exchange.

The disclosure was made pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report outlines the company's performance against the nine principles of the National Guidelines on Responsible Business Conduct (NGRBC).

Key Operational Metrics

The company reported several key sustainability indicators for the reporting period. Ethanol production reached 169,192 kilolitres, while renewable energy generation stood at 352 million kWh. The firm also reported using 941.82 million litres of recycled water and planting 54,366 trees.

Governance and Compliance

The report highlighted regulatory penalties incurred during the year. The company disclosed fines totaling approximately ₹10 crore across various authorities, including the Income Tax Department and GST authorities. Most of these penalties were related to input tax credit issues or unexplained investments, with appeals preferred in several cases.

The Board of Directors oversees all sustainability-related matters. No assurance provider was engaged for the reporting period, as per SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2025/42 dated March 28, 2025.

Environmental Impact

Scope 1 greenhouse gas emissions were recorded at 2,98,494.33 metric tonnes of CO2 equivalent, while Scope 2 emissions rose to 29,500.64 metric tonnes. Total waste generated increased to 1,82,824.10 metric tonnes, with significant volumes of ash and pressmud being reused or sold for recovery operations.