Ponni Sugars (Erode) Ltd. — Board/Management Information 2024

Jan 30, 2024

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PEL / SH/ 11 January 30, 2024 National Stock Exchange of India Ltd BSE LTD Exchange Plaza, 5th Floor, `Phioze Jeejeebhoy Towers Flat No.C/ 1 G Block, Bandra-Kurla Complex Dalal Street, Fort Bandra East, Mumbai 400 051 Mumbai 400 001 Scrip Code: PONNIERODE Scrip Code: 532460 Dear Sirs,

Sub: Appointment of Independent Directors - Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 (SEBI –LODR).

We wish to inform that Board of Directors of our company, based on the recommendation of the Nomination and Remuneration Committee, passed circular resolution today, the 30[th] January 2024 (i) recommending to the shareholders to appoint both Dr.Lakshmi Nadkarni (DIN:07076164) and Mr.Chellamani Naresh (DIN:10474276) as Independent Directors of the company for a fixed term of five years of 5 years from 15[th] March 2024 to 14[th] March 2029, not liable to retire by rotation. (ii) approving the Postal Ballot Notice to seek shareholders’ approval for the above appointments by special resolution.

The Postal Ballot Notice will be sent to the shareholders and filed with Stock Exchanges in due course.

The details of Dr.Lakshmi Nadkarni (DIN:07076164) and Mr.Chellamani Naresh (DIN:10474276) as required under Regulation 30 of SEBI (LODR) Regulations, 2015 and SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dt.13.07.2023 are enclosed as Annex-1&2 respectively.

This information is furnished in deference to Regulation 30 of the SEBI (LODR) Regulations, 2015.

Kindly take the same into your records.

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

RANGAVITTAL Digitally signed by RANGAVITTAL MADHUSUDH MADHUSUDHAN Date: 2024.01.30 12:57:19 AN +05'30' R.Madhusudhan Company Secretary & Compliance Officer Encl: As above

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Annexure-1

Details of Director seeking appointment

[Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dt.13.07.2023]

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Name of Director Dr.Lakshmi Nadkarni
DIN 07076164
Date of Birth / Age 20.02.1960 (63)
Qualification MA., MSW., PhD in Industrial Sociology
Reason for change Appointment as independent director
Date of Appointment 15.03.2024 (proposed)
Term of appointment Appointment for a fixed term of five (5) years from
15.03.2024 to 14.03.2029 subject to approval of
shareholders.
Brief profile Dr.Lakshmi Nadkarni (DIN:07076164) has done
Master’s in Sociology and Social Welfare and
Doctorate in Industrial Sociology from Pune University.
She has over 3 decades of experience and expertise
in functional areas viz. HR strategy, Governance and
CSR. She has held Executive Director positions at
Pfizer India Ltd and BASF India during her tenure in
these organisations. She has made valuable
contribution to the organisations that she served and
to the Human Resources domain as part of the
Industry Forum. She led significant change
management initiatives and delivery of strategic HR
solutions in the organizations that she worked with.
Besides being appointed on the Board of NELCO, a
Tata enterprise as an Independent Director, she is a
Life Coach and Advisor for the CEO and CXOs at
Tikitar Group since 2020, in addition to being an
Advisor to Tagros Chemicals. Her most recent
engagement is with Arofine Polymers as a Business
Coach. She continues to contribute to the academic
world and is associated with TISS (Tata Institute of
Social Sciences), IGTC (Indo German Training
Centre), and Somaiya Management Studies among
several others.
Disclosure of relationship Dr.Lakshmi Nadkarni is not related to any of the
between directors Directors of the Company.
Information as required under Dr.Lakshmi Nadkarni is not debarred from holding the
Circular No. LIST/COMP/14/ office of director by virtue of any SEBI order or any
2018-19 and NSE/CML/2018/24 other such authority
dated June 20, 2018 issued by
the BSE and NSE respectively.
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Annexure-2

Details of Director seeking appointment

[Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Circular no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dt.13.07.2023]

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Name of Director Mr.Chellamani Naresh
DIN 10474276
Date of Birth / Age 10.01.1967 (57)
Qualification B.Com., F.C.A., A.C.S, Grad. C.W.A. DISA
Reason for change Appointment as independent director
Date of Appointment 15.03.2024 (proposed)
Term of appointment Appointment for a fixed term of five (5) years from
15.03.2024 to 14.03.2029 subject to approval of
shareholders.
Brief profile Mr.Chellamani Naresh (DIN: 10474276) is a qualified
Chartered Accountant, Company Secretary and
Graduate member of Cost Accountant Institute. He has
over 3 decades of experience in the field of Tax
Advisory, Litigation Services, Bank Audits, and
assurance engagements to manufacturing companies.
He is a partner in Sundaram & Srinivasan (a reputed
audit firm of 8 decades standing) since 1997. He has
led large teams in finalising financial statements of
Banks, Mutual Funds and manufacturing companies.
He has appeared and won several cases before CIT(A)
and ITAT on important tax issues for major Banks in
the country.
Disclosure of relationship Mr.Chellamani Naresh is not related to any of the
between directors Directors of the Company.
Information as required under Mr.Chellamani Naresh is not debarred from holding the
Circular No. LIST/COMP/14/ office of director by virtue of any SEBI order or any
2018-19 and NSE/CML/2018/24 other such authority
dated June 20, 2018 issued by
the BSE and NSE respectively.
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