UR Sugar Industries Ltd

UR Sugar Industries Limited — Trading Window closed from October 1, 2026 and will reopen 48 hours after the results for the quarter ended 30th September, 2026 are made public

AGM Details

• AGM held 25 Sep 2026, 11:30 AM to 12:00 PM, in-person with remote e-voting.
• Record date for voting: 18 Sep 2026; postal ballot deadline: 25 Sep 2026.
• Two ordinary resolutions were placed for approval.

Resolutions

• Resolution 1 (Ordinary): Adoption of standalone financial statements and reports; passed.
• Resolution 2 (Ordinary): Re-appointment of Kush Katti by rotation; passed.

Voting outcome

• Resolution 1 received clear majority in favour; no opposing votes.
• Resolution 2 received some votes against but approved.

Director changes

• Kush Katti re-appointed as director; retires by rotation.

Other material approvals

• No dividend proposed or declared.
• No material related party transactions reported.
• No auditor changes disclosed.

AGM details

• Physical AGM held at registered office; 11:30–12:00 IST.

Resolutions

• Adoption of audited financial statements and reports of the Board and Auditors.
• Re-appointment of director retiring by rotation.

Voting results

• All resolutions passed with requisite majority.

Financial highlights

• Total Income: 94.66 Lakhs in FY2025-26, up from ~80.95.
• Net profit after tax: 44.35 Lakhs, up from ~41.88.
• EPS: 0.08 ₹ per share.
• No dividend declared for FY2025-26.
• Pre-operational status; environmental clearances pursued for a sugar plant.

Balance sheet snapshot

• Total assets: 1,879.94 Lakhs.
• Total equity: 1,860.33 Lakhs.
• Paid-up capital: 1,050 Lakhs; Authorized capital: 4,000 Lakhs.
• No borrowings outstanding.
• All shares are in dematerialised form.

Capital structure & ownership

• Promoter group holds 26.67%; public 73.33%.
• Lava Ramesh Katti holds 26.67%.
• Share capital as of 31 Mar 2026: 5.25 million shares.
• Authorized capital: 4,000 Lakhs; issued capital: 1,050 Lakhs.

Governance & board

• Board size six with one woman director.
• Five board meetings held in 2025-26.
• Audit Committee: three members; chaired by Makabul Ammanagi.
• Independent Directors meeting held on 11 Feb 2026.

Audits & internal controls

• Statutory auditors: Vijay Panchappa & Co.
• Secretarial auditors: GDS & Associates.
• Internal auditors: Chandargi & Co.
• No material qualification in audit report.
• Secretarial audit flagged delay in related party disclosures.

Related party transactions

• Remuneration to KMP: Karekar 5.46 Lakh; Amita Singh 5.85 Lakh.
• No other related party transactions in 2025-26.
• RPT policy available on company website.

Risks and outlook

• Sugar industry cyclical; policy and weather risks affect margins.
• Ethanol expansion and E20 by 2030 could boost demand.
• Cane supply and farmer payments pose risk.
• ICT-enabled productivity and sustainability opportunities ahead.
• Sustainability initiatives include energy efficiency and waste reduction.

AGM & disclosures

• AGM scheduled for 25 September 2026 at 11:30 AM.
• Cut-off date: 18 September 2026.
• Remote e-voting: 22-24 September 2026.
• Website: ursugar.co.in; e-voting via BigShare.
• CSR not applicable.

Record date and e-voting for 16th AGM

• Record Date for AGM: 18 September 2026.
• E-voting cut-off: 18 September 2026.
• E-voting window: 22 Sept 2026, 09:00 to 24 Sept 2026, 17:00.
• AGM date: 25 September 2026 at 11:30.
• Purpose: 16th AGM entitlements and e-voting.

Financial statements and audit approvals

• Director's Report for FY ended 31 March 2026 and AGM notice approved.
• Annual Report for FY 2025-26 approved.
• Audit Report for year ended 31 March 2026 approved.

AGM timing, Scrutinizer and voting mechanics

• 16th AGM date fixed for 25 September 2026 at 11:30 AM at UR Building, Belgaum.
• Appointed CS Gaurav Shenoy as Scrutinizer for AGM.
• Cut-off to determine voting entitlement fixed 18 September 2026.
• E-voting window fixed 22-24 September 2026.
• Secretarial audit report for year ended 31 March 2026 received.

Meeting Details

• Board meeting on 02 September 2026 at 11:00 AM, UR Building, Bellad Bagewadi, Belgaum, Karnataka.

Key Agenda Items

• Receive and consider Audit Report for year ended 31 March 2026.
• Receive and consider Secretarial Audit Report for year ended 31 March 2026.
• Receive and consider Internal Audit Report for year ended 31 March 2026.
• Approve Director’s Report for the financial year ended 31 March 2026.
• Finalize the date of the AGM.
• Finalize the E-voting date for AGM.
• Fix cut-off date to determine voting entitlement for E-Voting.
• Appoint Scrutinizer for the AGM voting.
• Approve Notice for Convening Annual General Meeting.
• Consider and approve Annual Report for FY 2025-26.

Other Notes

UR Sugar Industries Limited — Trading Window Closure from Aug 27, 2026; will reopen 48 hours after the board meeting outcomes are made public for the meeting on Sep 2, 2026

Price movement clarification

• Company clarifies no undisclosed price-sensitive information as of Aug 25, 2026.
• States share price movement is market-driven, not controlled by the company.
• Confirms timely intimations/disclosures to the stock exchange under Regulation 30 of SEBI LODR.
• Will continue to disclose material events as they arise.