Ponni Sugars (Erode) Ltd. — Board/Management Information 2023

Jan 27, 2023

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PEL/ SH/ 9 National Stock Exchange of India Ltd Exchange Plaza 5[th] Floor, Flat No.C/ 1 G Block Bandra-Kurla Complex Bandra East, Mumbai 400 051

Scrip Code: PONNIERODE

January 27, 2023

BSE Ltd Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai 400001 Scrip Code: 532460

Dear Sirs,

Sub: Re-appointment of Mr N Ramanathan as the Managing Director of the Company

The Board of Directors at their meeting held today, the 27[th] January 2023, have reappointed Mr.N.Ramanathan as Managing Director of the Company for a further period of three years effective from 1[st] April 2023 to 31[st] March 2026, based on the recommendation of the Nomination and Remuneration Committee and in accordance with the applicable provisions of the Companies Act 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and subject to approval of the Shareholders. The Board further decided to seek the approval of shareholders by Special Resolution through Postal Ballot by remote e-voting for the reappointment of Managing Director and terms thereof. The details of Mr.N.Ramanathan as required under SEBI Circular No.CIR/CFD/CMD/4/2015 dated 09.09.2015 are enclosed vide Annex.

This information is furnished in deference to Regulation 30 of the Listing Regulations.

Kindly take the same into your records.

Thanking you, Yours faithfully, For Ponni Sugars (Erode) Ltd

RANGAVITTAL Digitally signed by RANGAVITTAL MADHUSUDH MADHUSUDHAN Date: 2023.01.27 AN 14:39:35 +05'30' R Madhusudhan Company Secretary

Encl: As above

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Annexure

Details of Managing Director

[Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular No.CIR/CFD/CMD/4/2015 dated 09.09.2015]

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----- Start of picture text ----- Name of Director Mr N RamanathanReason for change Reappointment as Managing DirectorDate of Appointment Reappointed from 01.04.2023Term of appointment Reappointment for a fixed term of three (3)years from 01.04.2023 to 31.03.2026, notliable to retire by rotation subject toapproval of shareholders by SpecialResolution.Director Identification Number (DIN) 00001033Date of Birth / Age 14.06.1954 (68)Qualification B.Com, ACA, ACS, ACMABrief profile Mr N Ramanathan is a CharteredAccountant, Company Secretary and CostAccountant. He is a University rank holderin B.Com and All India rank holder inChartered Accountancy. He brings to bearprofound knowledge and rich experience inthe fields of Finance, Taxation, Legal andGeneral Management. He has deep insightinto the dynamics of sugar industry. He isbeing continually re-inducted into theExecutive Committee of ISMA, SISMA-TNand on the Board of Indian Sugar EximCorporation Ltd besides being part ofseveral sub-committees in these bodies.He is well connected with industry peersand respected for his domain knowledge.He is also associated with a few businesschambers and a speaker on professionalplatforms.Disclosure of relationship between Mr N Ramanathan is not related to any ofdirectors the directors of the Company.Information as required under Circular No. Mr N Ramanathan is not debarred fromLIST/COMP/14/2018-19 and holding the office of director by virtue of anyNSE/CML/2018/02 dated June 20, 2018 SEBI order or any other such authority.issued by the BSE and NSE respectively.----- End of picture text -----