Ugar Sugar Non-Executive Director Resigns, Appointed Chairman Emeritus

Shri P. V. Shirgaokar, a non-executive director at Ugar Sugar Works Ltd, has resigned from his position effective August 11, 2026. Concurrently, Mr. Hari Athawale has retired as an Independent Director upon completion of his term on the same date. The company has appointed Mr. Prafulla Shirgaokar as Chairman Emeritus, effective August 12, 2026, recognizing his extensive experience. The board has also been reconstituted, and relevant disclosures have been made as per SEBI regulations.