ur sugar industries has appointed M/s. Chandargi & Co, Chartered Accountants, as its Internal Auditor for the financial year 2025-26. The decision was taken by the Audit Committee and Board of Directors at their meeting held on May 19, 2026. The appointment follows the failure of the previous internal auditor to conduct the audit and provide necessary support.

Appointment Details

The company disclosed the appointment under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The new auditor, M/s. Chandargi & Co, holds Membership No. 208174. The term of the appointment is specific to the ongoing financial year.

Reason for Change

The change in the internal auditor was necessitated because the previous auditor failed to conduct the internal audit and did not provide the necessary support. Consequently, the board decided to replace the incumbent with M/s. Chandargi & Co to ensure compliance and operational efficiency.

UR Sugar Industries Limited has filed its quarterly compliance certificate with BSE for the quarter and year ended March 31, 2026, fulfilling its regulatory obligations under SEBI (Depositories and Participants) Regulations, 2018.

Compliance Certificate Details

The company submitted the required documentation on April 11, 2026, through Company Secretary and Compliance Officer Amita Singh. The filing pertains to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, which governs share transfer and dematerialization compliance.

RTA Confirmation

Bigshare Services Private Limited, serving as the company's Registrar and Share Transfer Agent, issued a certificate dated April 04, 2026, confirming the non-applicability of the regulation during the quarter. The RTA stated that the entire shareholding of UR Sugar Industries remains in dematerialized form, with no requests received from shareholders for rematerialization or dematerialization during the quarter ended March 31, 2026.

Regulatory Framework

The compliance relates to SEBI Regulation 74(5), which replaced the erstwhile Regulation 54 of SEBI (Depository and Participant) Regulations, 1996. This regulation requires companies to maintain proper records and compliance regarding share transfers and the dematerialization process.

Company Information

UR Sugar Industries Limited, formerly known as HKG Limited, operates under CIN L15100KA2010PLC180141. The company is headquartered at UR Building, Basaweshwar Circle, BelladBagewadi, Hukeri, Belgaum, Karnataka. The filing demonstrates the company's commitment to maintaining regulatory compliance and transparent corporate governance practices.