Announced Mon, 29 Jun · 17:45 IST
Postal ballot approves marketing deal with AWL Agri Business for Madhur sugar brand
Board & Shareholder Meetings View source PDF
RENUKA · price
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Price reaction · full curve 14 horizons · vs prior close
+3.1%1-day move
₹22.29
prior close
₹22.39
base price
After-mkt
timing
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AI summary
Shree Renuka Sugars ran a postal ballot from May 30 to June 28, 2026 to approve a marketing arrangement with AWL Agri Business Limited for selling and distributing the company's sugar under the Madhur brand. The ordinary resolution passed with 99.89 percent votes in favour (5.77 crore shares) and just 0.11 percent against (62,247 shares). Total 1,188 members participated.
Likely market impact
Approval of marketing tie-up with AWL Agri Business may widen distribution reach for Madhur brand sugar, supporting revenue.