Dhampure Speciality Sugars Limited has notified the Bombay Stock Exchange regarding a structural change in its statutory auditor firm. The company announced that its auditor has converted from a partnership firm to a Limited Liability Partnership structure, effective February 26, 2026.

Auditor Firm Conversion Details

The statutory auditors, JLN US & Co., Chartered Accountants, have formally converted their partnership firm into a Limited Liability Partnership under the provisions of the Limited Liability Partnership Act, 2008. Following this conversion, the firm will now operate under the name JLN US & Co LLP, Chartered Accountants.

Continuity of Audit Services

The conversion ensures seamless continuation of audit services without any disruption to the company's operations. Key aspects of the transition include:

• No change in the constitution of partners following the conversion
• Uninterrupted audit engagement with the company
• Continuation as statutory auditors for the remaining period of approved tenure
• Maintained professional relationship and service standards

Regulatory Compliance

Dhampure Speciality Sugars Limited made this disclosure promptly upon receiving intimation from the auditor firm on February 27, 2026. The announcement was made in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company's disclosure was signed by Shyam Sharma, Company Secretary and Compliance Officer, ensuring proper adherence to regulatory requirements and maintaining transparency with stakeholders and the stock exchange.

Dhampure Speciality Sugars Limited has scheduled an extraordinary general meeting for March 18, 2026, to seek shareholder approval for its previously announced preferential issue of 8,80,000 fully convertible equity warrants worth ₹9.33 crore.

EGM Details and Voting Schedule

The company has formally notified BSE Limited about the extraordinary general meeting, which will be held at 1:30 PM (IST) at the registered office in Village Pallawala, Tehsil Dhampur, Bijnor, Uttar Pradesh. The meeting follows the board's approval on February 19, 2026, for the warrant issue to promoters and promoter group members.

Warrant Issue Structure

The board has approved the issuance of up to 8,80,000 fully convertible equity warrants at ₹106 per warrant, including a premium of ₹96. The warrants carry an 18-month conversion period from the date of allotment and are priced in accordance with SEBI ICDR Regulations.

Proposed Allottee Distribution

The warrant allocation is evenly distributed among four promoter and promoter group members, with each receiving 2,20,000 warrants.

Fund Utilization Plan

The company plans to utilize the gross proceeds from the warrant issue across multiple business areas, with capital expenditure receiving the largest allocation.

Voting and Compliance Procedures

Shareholders can participate through remote e-voting from March 15-17, 2026, or vote at the physical meeting. The company has appointed Mrs. Uma Verma as the scrutinizer to ensure fair and transparent voting processes. Members holding shares as of the record date of March 11, 2026, are eligible to participate.

The warrant issue requires approval through a special resolution, and the company has obtained an independent valuation report confirming the pricing at ₹105.66 per share, supporting the proposed issue price of ₹106 per warrant.

Source: Company Filing