Ponni Sugars (Erode) Ltd. — Board/Management Information 2025

Mar 21, 2025

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PEL/ SH/ 35

National Stock Exchange of India Ltd Exchange plaza 5th Floor, Flat No.C / 1 G Block Bandra-Kurla Complex Bandra East, Mumbai 400 051

Scrip code: PONNIERODE

21[st] March 2025

BSE Ltd

Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai 400001

Scrip code: 532460

Dear Sirs,

Sub: Outcome of the Board meeting held on 21-03-2025

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015, we wish to inform that the Board of Directors of the Company at their meeting held today on 21-03-2025 have transacted, among other business, the following:

1. Re-appointment of Internal Auditors and Cost Auditors

The Board of Directors of our company based on recommendation of the Audit Committee, have re-appointed (i) M/s. Maharaj N R Suresh And Co. LLP, Chartered Accountants (LLP Identification No.AAT-9404) as Internal Auditors for FY 2025-26 (ii) M/s S Mahadevan & Co, Cost Accountants (Firm Registration No.000007) as Cost Auditors for FY 2025-26.

2. Appointment of Secretarial Auditors

Pursuant to amended Regulation 24A of SEBI (LODR) Regulations, 2015, the Board of Directors of our company based on recommendation of the Audit Committee, have recommended for approval of shareholders at ensuing Annual General Meeting, to appoint M/s V Suresh Associates, Practising Company Secretaries (Unique Identification No. P2016TN053700) as Secretarial Auditors for a term of three years from Financial Years 2025-26 to 2027-28.

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The details of the above mentioned auditors as required under Regulation 30 of SEBI (LODR), Regulations, 2015 read with SEBI Master Circular dated 11[th] November 2024 is enclosed as Annex – 1.

3. Amendment of Nomination and Remuneration Policy

The Board of Directors based on recommendation of Nomination and Remuneration Committee have amended Nomination and Remuneration Policy effective from the date of meeting of the Board ie. 21-03-2025. This amended Nomination and Remuneration policy is being disclosed on our website www.ponnisugars.com.

The Board Meeting commenced at 12.00 PM and concluded at 2.10 PM.

Please take the above on record.

Thanking you

Yours faithfully For Ponni Sugars (Erode) Limited

Digitally signed by RANGAVITTAL RANGAVITTAL MADHUSUDHAN MADHUSUDHAN Date: 2025.03.21 14:15:00 +05'30'

R Madhusudhan Company Secretary & Compliance Officer

Encl: As above

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Annexure-1

Details of Auditors

[Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements Regulations, 2015 and SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dt.11.11.2024]

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Type of Internal Auditors Cost Auditors Secretarial Auditors
Auditors
Name of M/s. Maharaj N R M/s S M/s V Suresh Associates,
Auditors Suresh And Co. LLP, Mahadevan & Practising Company
Chartered Co, Cost Secretaries (Unique
Accountants (LLP Accountants Identification No.
Identification (Firm P2016TN053700)
No.AAT-9404) Regn.No.000007)
Reason for Re-Appointment Re-Appointment Appointment pursuant to
change amended Regulation 24A of
SEBI (LODR) Regulations,
2015.
There is no change in
Secretarial Auditors.
M/s V Suresh Associates have
been Secretarial Auditors of
our company for previous
years.
Date of 01.04.2025 01.04.2025 01.04.2025
commencement
of appointment
Term of One year from One year from Three years from 01.04.2025 to
appointment 01.04.2025 to 01.04.2025 to 31.03.2028.
31.03.2026 31.03.2026
Brief Profile (in NA NA Enclosed
case of
appointment)
Disclosure of NA NA NA
relationships
between
directors (in
case of
appointment of
a director)
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PRACTISING COMPANY SECRETARIES

V SURESH ASSOCIATES

FIRM PROFILE

V Suresh Associates is a distinguished professional services firm, specializing in offering expert advice and services in the domains of Secretarial and Corporate Governance with more than 20 years of standing. We are a team of experienced professionals committed to delivering high-quality, innovative solutions tailored to the unique needs of our clients.

PRACTISING COMPANY SECRETARIES

As Practising Company Secretaries, we offer a comprehensive range of services related to corporate governance, compliance, and legal advisory. Our team assists businesses in maintaining regulatory compliance and adopting best practices in corporate governance. V Suresh Associates has firmly established PCS firm in Chennai with reasonable good track records.

Certifications & Accreditations:

• Peer Reviewed Firm by the Institute of Company Secretaries of India (ICSI) V Suresh Associates is a peer-reviewed firm, a recognition that reflects our commitment to excellence and adherence to the highest professional standards. We proudly hold Peer Review Certification No.: 6366/2025, validating our dedication to quality and compliance in every aspect of our work.

• Expertise Across Multiple Domains : With qualifications and certifications in key areas of Secretarial and Corporate Governance, we are equipped to handle complex and diverse client requirements.

• Client-Centric Approach : We believe in building long-term relationships with our clients by understanding their business and offering customized solutions that drive value.

• Experienced Team : Our professionals are qualified and bring a wealth of experience across various sectors, ensuring insightful, effective, and efficient services.

V Suresh Associates is dedicated to offering and helping clients to navigate the complex, corporate landscape, providing clear guidance and dependable support at every step of Company Secretarial Eco space.

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28, Ganapathy Colony III Street, Teynampet, Chennai-600018 Phone: 044-4211 1701 E Mail: vsassociates16@gmail.com