Magadh Sugar & Energy Limited has announced that its Board of Directors will convene on February 6, 2026, to review and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting will focus on the financial performance for the quarter ended December 31, 2025.

Regulatory Compliance and Meeting Details

The board meeting announcement was made in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company formally notified both major stock exchanges about the scheduled meeting through an official communication dated January 29, 2026.

Stock Exchange Communications

Magadh Sugar & Energy Limited communicated the board meeting schedule to both primary stock exchanges where its shares are listed. The company trades on the National Stock Exchange of India Limited under the symbol MAGADSUGAR and on BSE Limited with stock code 540650.

Corporate Structure and Leadership

The official notice was signed by S Subramanian, Company Secretary (FCS - 4974), on behalf of Magadh Sugar & Energy Limited. The company operates as part of the K. K. Birla Group of Sugar Companies, with its registered office located at P.O. Hargaon, Dist. Sitapur, U.P., PIN 261 121.

About the Company

Magadh Sugar & Energy Limited operates under the Corporate Identity Number L15122UP2015PLC069632. The company maintains its corporate office at the 5th Floor, Birla Building, 9/1 R. N. Mukherjee Road, Kolkata 700 001, and operates within the sugar industry as part of the established K. K. Birla Group of Sugar Companies.

Magadh Sugar & Energy Limited , a key player in the Indian sugar industry, has successfully completed a postal ballot process for the appointment of Mrs. Shalini Nopany as Non-Executive Director. The company had earlier reported challenging Q2 financial results with wider net losses and declining EBITDA performance.

Postal Ballot Results

The company announced the results of its postal ballot conducted under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The voting process concluded on December 18, 2025, with overwhelming shareholder support for the proposed resolution.

Director Appointment Details

The ordinary resolution for the appointment of Mrs. Shalini Nopany (DIN: 00077299) as Non-Executive Director received requisite majority approval from shareholders. The appointment is effective from November 12, 2025, as previously announced by the company.

Voting Process and Compliance

The postal ballot process was conducted through remote e-voting platform provided by National Securities Depository Limited (NSDL). Mr. Mohan Ram Goenka, Practicing Company Secretary (FCS No. 4515), served as the Scrutinizer for the voting process.

The e-voting period commenced on November 19, 2025, at 9:00 AM IST and concluded on December 18, 2025, at 5:00 PM IST. A total of 103 members participated in the voting process through the remote e-voting platform.

Recent Financial Performance Context

This corporate governance development comes after the company reported challenging Q2 results earlier. The company had faced significant financial strain with net loss widening to ₹104.00 crore from ₹54.00 crore in the corresponding quarter of the previous year, representing a 92.6% increase.

Board Composition and Governance

With Mrs. Shalini Nopany's appointment, the company strengthens its board composition under the leadership of Chairperson Chandra Shekhar Nopany. The appointment reflects the company's commitment to enhancing corporate governance practices.

Interested parties including Mr. Chandra Shekhar Nopany, Mrs. Urvi Mittal, and Mr. Arhant Vikram Nopany abstained from participating or voting on this resolution due to their interest in the matter, ensuring proper governance protocols were followed.