Postal ballot: Independent Director re-appointed, MD remuneration approved

Mawana Sugars announced postal ballot results dated September 18, 2026. Two special resolutions were passed with overwhelming majority (99.99 percent in favour). First, Mr. Satish Agrawal (DIN-00167589) was re-appointed as Non-Executive Independent Director for a second term of 5 years from November 3, 2026 to November 2, 2031. Second, shareholders approved payment of remuneration to Mr. Rakesh Kumar Gangwar (DIN-09485856), Managing Director, for one year from August 13, 2026 to August 12, 2027. Out of 2,52,05,258 valid votes cast, only around 2,800 to 2,900 votes were against each resolution.