Postal Ballot: Director Re-appointment and MD Remuneration Approval

Board & Shareholder Meetings View source PDF Explain this filing

MAWANASUG · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+12.8%1-day move

₹124.90

prior close

₹125.76

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+1.5+1.5+1.8+5.0+12.8+23.3+21.7+14.3+12.4+18.6+11.8+1.1——

Up moveDown movePending

AI summary

MAWANA SUGARS issued a Postal Ballot notice for two special resolutions: (1) re-appointment of Mr. Satish Agrawal as Non-Executive Independent Director for a second 5-year term from November 3, 2026 to November 2, 2031, and (2) approval of Managing Director Mr. Rakesh Kumar Gangwar's remuneration of Rs. 2.63 crore CTC plus Rs. 10 lakh variable pay for one year from August 13, 2026. E-voting runs from August 19 to September 17, 2026, with cut-off date August 14, 2026. FY26 revenue stood at Rs. 1,567.49 crore with net profit of Rs. 36.72 crore.

Likely market impact

Shareholders can vote on director re-appointment and MD pay via e-voting until September 17, 2026; results expected by September 19, 2026.