UR Sugar Industries passed all resolutions proposed at its 16th Annual General Meeting, held on September 25, 2026, with a unanimous vote in favour.

The meeting, conducted at the company's registered office in Belgaum, Karnataka, saw the adoption of audited standalone financial statements for FY26 and the re-appointment of a key director. The voting process included remote e-voting and ballot papers during the meeting.

Voting results for financial statements

Members unanimously approved the first ordinary resolution to receive, consider, and adopt the audited standalone financial statements for the financial year ended March 31, 2026. This included the Balance Sheet, Statement of Profit and Loss, and Statement of Cash Flow, along with the reports of the Directors and Auditors.

The total valid votes cast in favour constituted 100% of the total votes polled for this resolution. No members voted against or abstained from this decision.

Director re-appointment approved

The second ordinary resolution concerned the re-appointment of Kush Katti (DIN: 02777189), who retired by rotation and offered himself for re-appointment as a director. The resolution was also passed with a substantial majority.

While there were 440 votes cast against the re-appointment via remote e-voting, they represented a negligible fraction of the total voting power. The overall support stood at 99.99% in favour.

What the numbers show

The voting data reveals a stark contrast in shareholder engagement between the promoter group and the public minority. The Promoter and Promoter Group held 14,001,370 shares and voted 100% in favour of both resolutions through ballot paper at the AGM. In contrast, Public Non-Institutional shareholders held 34,888,867 shares but only voted 3,737 shares in total across both modes. This indicates that while the promoters exercised their full voting rights, the broader public shareholder base had extremely low participation rates, with less than 0.02% of their holding participating in the vote.

UR Sugar Industries has set September 18, 2026 as the record date for its 16th Annual General Meeting (AGM). The meeting is scheduled for September 25, 2026, following the board's approval of the annual report for FY26.

The Board of Directors approved the annual report and Director's Report for the financial year ended March 31, 2026, during a meeting held on September 2, 2026. The board also considered the statutory audit report and the secretarial audit report for the same period.

AGM Details

The 16th AGM will be held on Friday, September 25, 2026, at 11:30 am. The venue is the company's registered office at UR Building, Basaweshwar Circle Bellad Bagewadi, Bellad Bagewadi, Belgaum, Hukeri, Karnataka, India, 591305.

CS Gaurav Shenoy from G D S & Associates has been appointed as the scrutinizer for the AGM.

E-Voting Schedule

The cut-off date to determine voting rights entitlement is Friday, September 18, 2026. This date serves as both the record date and the e-voting cut-off date.

E-voting will commence on Tuesday, September 22, 2026, at 9:00 am and close on Thursday, September 24, 2026, at 5:00 pm.

The board meeting commenced at 11:00 am and concluded at 11:45 am on September 2, 2026.