Ugar Sugar Works Limited has announced that its board of directors will convene on Friday, February 13, 2026, to review and approve the company's quarterly financial performance. The meeting will be conducted in hybrid mode, allowing both physical and virtual participation of board members.

Meeting Agenda and Financial Results

The primary agenda of the board meeting includes the approval and recording of unaudited financial results for the quarter ended December 31, 2025. The board will also review segment-wise revenue results, providing stakeholders with detailed insights into the company's operational performance across different business segments.

Trading Window Restrictions

In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has implemented mandatory trading restrictions. The trading window for dealing in the company's securities will remain closed for directors, designated employees, and insiders from January 1, 2026, continuing until 48 hours after the declaration of financial results.

Corporate Communication

The announcement was made through official communication to both the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited. The company trades under stock code 530363 on BSE and UGARSUGAR on NSE. Company Secretary and Compliance Officer Tushar Deshpande signed the official notice from the company's Ugar Khurd location.

The formal notification serves to inform investors and market participants about the upcoming financial disclosure, ensuring transparency and compliance with regulatory requirements for listed companies in the Indian capital markets.

Ugar sugar works Limited has received regulatory approval from both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) for the reclassification of promoters under Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approval letters were issued on February 03, 2026, marking a significant corporate restructuring development for the sugar manufacturing company.

Regulatory Approval Details

The NSE approval, referenced as NSE/LIST/401, and the BSE approval under reference LIST/COMP/SJ/698/2025-26, both granted permission for the reclassification of specific promoter entities to public shareholder status. The applications were processed based on submissions made by the company, with BSE noting that the original application was received on August 10, 2024.

Promoters Being Reclassified

The approval covers the reclassification of two promoter entities from the promoter category to public shareholders:

Impact on Shareholding Structure

The reclassification will result in a notable shift in the company's shareholding pattern. The BSE approval letter provided a comprehensive breakdown of the shareholding changes:

This reclassification will reduce the promoter holding by 2.76 percentage points while correspondingly increasing the public shareholding, enhancing the company's public float.

Compliance and Disclosure Requirements

Both exchanges have mandated that the company ensure proper disclosure of this reclassification event as a material event in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approval letters have been forwarded to the depositories - National Securities Depository Limited and Central Depository Services Limited - as well as the company's Registrar and Transfer Agent for necessary action.

Company Communication

The approval was communicated to the exchanges by Tushar Deshpande, Company Secretary and Compliance Officer of The Ugar Sugar Works Limited, through a formal submission dated February 04, 2026. The company, which operates from Ugar Khurd in Karnataka and has its registered office in Sangli, Maharashtra, maintains its listing status with proper regulatory compliance.