All 6 resolutions passed at 32nd AGM with over 99.99 percent approval
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SBEC Sugar held its 32nd AGM on September 29, 2026 via video conferencing. All 6 ordinary resolutions were passed with near-unanimous approval (99.9995 percent in favour, only 204 votes against). Key items approved: adoption of audited standalone and consolidated financial statements for FY ending March 2026, re-appointment of Kumkum Modi and Jayesh Modi as Directors, authorisation for material related party transactions, rectification of one-time settlement with Modi Industries, and ratification of cost auditor remuneration. Out of 6,189 shareholders, 3.84 crore votes were polled (80.62 percent of outstanding shares). Promoter votes were excluded from count on resolutions 4 and 5 as they are interested parties under SEBI LODR.
Routine procedural approval; no material impact expected on stock. All resolutions cleared comfortably indicating stable promoter control.