StockWatch
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Sugar
Board Meeting13 Aug 2026, 12:21 pm

Sakthi Sugars Appoints S. Chandrasekhar as Director, Reappoints MD & JMD

AI Summary

Sakthi Sugars Ltd announced board approvals for key management changes. Sri.S. Chandrasekhar was appointed as Additional Non-Executive Non-Independent Director. The board also approved the re-appointment of Sri.M.Balasubramaniam as Managing Director and Sri.M.Srinivaasan as Joint Managing Director for five-year terms, both without remuneration, subject to shareholder approval. Additionally, Smt.R.Jeysree has been appointed to head the Internal Audit Department. The company also declared its Unaudited Financial Results for the quarter ended June 30, 2026.

Key Highlights

  • Sri.S. Chandrasekhar appointed as Additional Non-Executive Non-Independent Director.
  • Re-appointment of MD and JMD approved for five-year terms without remuneration.
  • Smt.R.Jeysree to head Internal Audit Department.
  • Unaudited Financial Results for Q1 FY27 declared.
  • Board meeting held on August 13, 2026, approved multiple key decisions.