Indian Sucrose Limited Appoints Anil Kumar Jain as Independent Director
Indian Sucrose has appointed Mr. Anil Kumar Jain as a Non-Executive Independent Director for a five-year term from October 1, 2025, to September 30, 2030. Mr. Jain, 72, is a Certified Associate of the Indian Institute of Bankers with extensive experience in banking and finance. The appointment was approved at the company's 34th Annual General Meeting, which also addressed financial statement adoption, director reappointment, and auditor matters.
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Indian Sucrose has announced the appointment of Mr. Anil Kumar Jain as a Non-Executive Independent Director for a five-year term, commencing from October 1, 2025, to September 30, 2030. The appointment was approved by shareholders at the company's 34th Annual General Meeting held on September 30, 2025.
Background and Expertise
Mr. Jain, aged 72, brings a wealth of experience to the board. He is a Certified Associate of the Indian Institute of Bankers and holds a B.Com (Hons) degree from the University of Delhi. His diverse career spans several decades across various sectors:
- Senior Accountant at DLF Universal Limited (1972-1974)
- Various positions at Canara Bank, including Assistant General Manager and Deputy General Manager (1974-2011)
- Advisor on Banking and Foreign Trade with the Central Bureau of Investigation (2012-2022)
- Currently serving as an Advisor to the Haryana Police (since 2022)
Appointment Details
The company disclosed that Mr. Jain has no relationship with other directors of Indian Sucrose and holds no shares in the company. His appointment aligns with regulatory requirements, as he is not debarred from holding the office of director by virtue of any SEBI order or any other authority.
Other AGM Proceedings
In addition to Mr. Jain's appointment, the 34th Annual General Meeting of Indian Sucrose, held through video conferencing, addressed several other matters:
- Adoption of audited financial statements for the year ended March 31, 2025
- Reappointment of Mr. Jaitender Kumar, who retired by rotation
- Ratification of the remuneration for Cost Auditors M/s Khushwinder Kumar & Co. for the financial year ending March 31, 2026
- Appointment of L.K. Singh & Associates as Secretarial Auditor for a term of five consecutive financial years (FY 2025-26 to FY 2029-30)
The meeting, chaired by Mr. Kunal Yadav, Chairman & Managing Director, was conducted in compliance with regulatory guidelines and provided shareholders the opportunity to participate and vote electronically.
Indian Sucrose continues to strengthen its corporate governance by bringing experienced professionals to its board, ensuring compliance with regulatory requirements, and maintaining transparency in its operations.
Historical Stock Returns for Indian Sucrose
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -2.09% | -6.27% | -28.97% | -26.60% | +258.77% |
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