Sakthi sugars Limited's Board of Directors held a meeting on February 12, 2026, to address important regulatory compliance matters related to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting focused on communications received from both BSE Limited and National Stock Exchange of India Limited concerning Regulation 17(1A) compliance requirements.

Regulatory Compliance Discussion

The Board specifically considered the requirements under Regulation 17(1A) of the SEBI LODR 2015, which mandates obtaining prior approval from shareholders through a special resolution for the appointment of Non-Executive Directors who have attained the age of 75 years. This regulation is part of SEBI's framework to ensure proper governance oversight for senior director appointments.

Corporate Governance Commitment

During the meeting, the Board conducted a comprehensive review of the existing compliance framework. The directors reaffirmed the company's dedication to maintaining strong corporate governance practices across all operations. This review demonstrates Sakthi Sugars' proactive approach to regulatory compliance and its commitment to upholding the highest standards of corporate governance.

Ongoing Regulatory Adherence

The Board emphasized the company's ongoing commitment to compliance with all applicable regulatory requirements. This includes not only the specific SEBI LODR regulations discussed but also the broader regulatory framework governing listed companies in India. The company's approach reflects its understanding of the importance of maintaining transparency and accountability to all stakeholders.

The meeting was formally documented and communicated to both stock exchanges where Sakthi Sugars Limited is listed, ensuring proper disclosure of the Board's deliberations on these important compliance matters.

Sakthi Sugars Limited , a prominent sugar manufacturer, has been fined by both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) for regulatory non-compliance. The fines, imposed on November 28, 2025, highlight the importance of adherence to Securities and Exchange Board of India (SEBI) regulations for listed companies.

Details of the Non-Compliance

The non-compliance relates to Regulation 17(1A) of the SEBI Listing Regulations, which concerns the appointment of Non-Executive Independent Directors who have attained the age of seventy-five years. The specifics of the violation are as follows:

Company's Response

Sakthi Sugars Limited has acknowledged the fines imposed by both stock exchanges. In its disclosure, the company stated that these fines would not have a material impact on its financial, operational, or other activities.

Implications for Investors

While the company asserts that the fines will not materially affect its operations, this incident underscores the importance of corporate governance and regulatory compliance for listed entities. Investors should be aware of such non-compliance issues as they can sometimes indicate broader governance concerns.

Conclusion

This development serves as a reminder of the strict regulatory environment in which listed companies operate in India. It also highlights the need for companies to stay vigilant in their compliance efforts, particularly in areas related to board composition and corporate governance.

Investors and market watchers will likely keep a close eye on Sakthi Sugars Limited's future compliance record and any steps the company might take to address this issue and prevent similar occurrences in the future.