Dharani Sugars schedules 39th AGM for Sep 25, 2026; approves RPTs
Dharani Sugars & Chemicals Limited will hold its 39th AGM on September 25, 2026, via video conference. The company released its FY26 Annual Report and AGM notice. Key agenda items include adopting FY26 financial statements, re-appointing a director, ratifying cost auditor remuneration, and approving related party transactions up to ₹300 crore with Dharani Developers and ₹25 crore with Dr. Palani G. Periasamy.
The AGM agenda includes the approval of significant related party transactions (₹300 crore and ₹25 crore) and the adoption of financial statements. These are material events that could have a financial impact on the company and its stakeholders.
The announcement is primarily procedural, detailing the schedule and agenda for the upcoming AGM, including related party transactions. While these are necessary corporate actions, they do not inherently indicate a positive or negative shift in the company's performance or outlook based solely on this announcement.
Dharani Sugars & Chemicals Limited has announced that its 39th Annual General Meeting (AGM) will be held on Friday, September 25, 2026, at 11:00 a.m. through Video Conferencing and Other Audio-Visual Means. The company has also submitted its Annual Report for the financial year 2025-26 and the Notice of the 39th AGM. The cut-off date for determining shareholder eligibility for remote e-voting or voting during the AGM is Friday, September 18, 2026. The Register of Members and Share Transfer Books will be closed from Saturday, September 19, 2026, to Friday, September 25, 2026, inclusive. Remote e-voting will commence on Tuesday, September 22, 2026, at 9:00 a.m. and conclude on Thursday, September 24, 2026, at 5:00 p.m.
During the AGM, shareholders will consider and adopt the Audited Financial Statements for the year ended March 31, 2026, and the reports of the Board of Directors and Auditors. They will also vote on the re-appointment of Mrs. Visalakshi Periasamy as a Non-Executive Director. Additionally, the agenda includes ratifying the remuneration of the Cost Auditor, M/s. SRR Associates, for the financial year 2026-27, with a remuneration not exceeding ₹1,50,000 plus expenses. Shareholders will also vote on approving Related Party Transactions (RPTs) limits. These include an aggregate amount not exceeding ₹300 crore with M/s. Dharani Developers Private Limited and an aggregate amount not exceeding ₹25 crore with Promoter Dr. Palani G. Periasamy. These RPT limits are proposed for the period from the conclusion of the 39th AGM until the conclusion of the 40th AGM.
A plain-language summary of a public exchange filing by Dharani Sugars & Chemicals Limited. Read the original for the full detail.