Kothari Sugars And Chemicals Limited has informed the Exchange regarding Appointment of M/s. Alagar & Associates LLP as Secretarial Auditor of the company for the financial year 2025 - 2026 to 2029 - 2030.
KOTARISUG · price
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At the 64th Annual General Meeting held on August 6, 2025, shareholders of Kothari Sugars approved three resolutions. Mr. Arjun B. Kothari, son of Chairperson Mrs. Nina B. Kothari, was re-appointed as Managing Director for 3 years effective September 1, 2025; he has held the MD role for the past 10 years. Mr. Abdul Kareem Sait was appointed as an Independent Director for a first term of 5 years from June 27, 2025; he brings 40+ years of experience across steel, polymer, and locker solutions industries. M/s. Alagar & Associates LLP, a Chennai-based peer-reviewed practicing company secretary firm established in 2009, was appointed as Secretarial Auditor for a 5-year term covering FY 2025-26 to FY 2029-30. The company confirmed that the newly appointed/re-appointed directors are not debarred by SEBI or any other authority.
These are routine governance approvals with continuity in leadership – no material impact expected on shareholders or the stock price. The MD re-appointment provides stability, while the new Independent Director adds external oversight experience.