Annual Report of FY 2025-26

Industries Limited (Formerly known as HKG Limited) CIN No.: L15100KA2010PLC180141 Date: 03.09.2026 Department of Corporate Services, BSE LIMITED P. J. Towers, Dalal Street, Mumbai – 400001. Scrip Code: 539097 Sub: Annual Report for the Financial Year 2025-26 and Notice convening the 16th Annual General Meeting of the Company Dear Sir/Madam, This is to inform you that the 16th Annual General Meeting (‘AGM’) of M/s UR Sugar Industries Limited (‘the Company’) is scheduled to take place in person on Friday, the 25th day of September, 2026 at 11:30 A.M. at UR Building, Basaweshwar Circle, Bellad, Bagewadi, Hukeri, Belgaum-591305, Karnataka, India. The purpose of this meeting is to transact the business as outlined in the Notice of AGM. In terms of Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we submit herewith the soft copy of the Annual Report which comprises of the Directors! Report, Audited Standalone Financial Statements and Auditor's Reports thereon, for the Financial Year ended 31st March, 2026, and the Notice convening the 16th Annual General Meeting of the Company scheduled to be held on Friday, the 25th day of September, 2026, at 11:30 AM, at Registered Office of the Company. In accordance with the said circulars, the Notice of the AGM and Annual Report of the Company for the financial year 2025-26 are being sent through electronic mode to all the Members whose email ids are registered with the Company/Registrar and Transfer Agent (‘RTA’)/ Depository Participant (‘DP’). The Company has provided the facility to its Members to cast their vote electronically, through remote e-Voting facility (prior to AGM) and voting through Ballot Paper at the AGM, on all the resolutions set forth in the AGM Notice to the Members, who are holding shares on the Cut-off date i.e. Friday, 18th September, 2026. The remote e-voting facility will be available during the following period (both days inclusive): Commencement of Remote E-Voting Tuesday 22nd September 2026, 09:00 A.M. Reg Off: UR Building, Basaweshwar Circle, Bellad Bagewadi, Tal:Hukerri, District: Belgaum - 591305, Karnataka, INDIA. Industries Limited (Formerly known as HKG Limited) CIN No.: L15100KA2010PLC180141 End of Remote E-Voting Thursday 24th September 2026, 17:00 P.M. The aforesaid Annual Report along with Notice has also been uploaded on the website of the Company. Kindly take the same on records. Thanking you. Yours faithfully UR SUGAR INDUSTRIES LIMITED (Formerly Known as HKG LIMITED) Amita Singh M.No. A48613 Company Secretary & Chief Compliance Officer Reg Off: UR Building, Basaweshwar Circle, Bellad Bagewadi, Tal:Hukerri, District: Belgaum - 591305, Karnataka, INDIA. Annual Report FY 2025-2026 Company Profile UR Sugar Industries Limited is currently under the proficient leadership of Mr. Lava Ramesh Katti, a dynamic and youthful entrepreneur who brings with him a wealth of experience in effectively managing distillery and co-generation units within the realm of the sugar industry. Guided by a steadfast mission to realize sustainable sugar production, the company is dedicated to creating substantial value not only for the diligent farmers and discerning consumers but also for the invaluable network of business partners. Mission Statement: Our mission is to enrich lives by producing premium sugar products that meet the highest standards of quality and sustainability. We are dedicated to fostering a culture of innovation, responsibility, and excellence in everything we do. Vision Statement: To be the world’s most trusted sugar producer, recognized for our environmental stewardship, commitment to community development, and superior product quality. Core Values: • Quality: Delivering consistent, high-quality sugar products through rigorous testing and quality control processes. • Sustainability: Committed to environmentally friendly practices, including reducing our carbon footprint and supporting sustainable agriculture. • Innovation: Continuously improving our processes and products through research and development. • Integrity: Operating with transparency and ethical practices in all aspects of our business. • Community: Engaging with and supporting the communities where we operate. Sustainability Initiatives: • Energy Efficiency: Implementing energy-saving technologies and practices in our production facilities. • Waste Reduction: Minimizing waste through recycling programs and by-products utilization. • Sustainable Sourcing: Partnering with farmers and suppliers who adhere to sustainable and ethical practices. • Community Engagement: Investing in local communities through education, health, and development programs. Future Plans: • Company is currently pre-operative and is in the process of procuring the Environmental Clearances for projects. Management is optimistic of setting up the Sugar Plant and commence the operations in the years to come. 1 | P a g e ANNUAL REPORT FY 2025-2026 LETTER FROM MANAGING DIRECTOR Dear Shareholders, It is with immense pleasure, profound pride, and a deep sense of responsibility that I present to you the Annual Report of UR Sugar Industries Limited for the fiscal year 2025–26. The past year has been a period of continuous evolution for the sugar and bio-energy sectors. Globally and domestically, our industry operated at the intersection of dynamic macroeconomic shifts, shifting climatic patterns, and evolving government policies. While these factors introduced operational headwinds, they also highlighted the resilience of our business model and unveiled significant growth avenues. Thank you for your unwavering trust and shared long-term vision. Your continued confidence empowers us to invest in modernizing our infrastructure, adopt innovative technologies, and pursue strategic capital allocation that secures sustainable returns. We also extend our sincere gratitude to our farming partners—the backbone of our enterprise. Their dedication ensures a reliable cane supply, and we remain deeply committed to supporting them through yield-improvement initiatives, timely payments, and sustainable agricultural practices. Equally, we acknowledge our supply chain and business partners, whose collaboration ensures operational seamlessness. As we step into the financial year 2026–27, we look to the future with strong optimism. The role of the sugar industry is shifting rapidly from traditional commodity production to becoming a cornerstone of green energy and rural economy transformation. We remain confident that with the continued dedication of our employees, the trust of our shareholders, and the support of all stakeholders, UR Sugar Industries Limited will reach new operational and financial benchmarks in the year ahead—delivering long-term value for our investors while making a meaningful impact on the environment and the communities we serve. Thank you for being an integral part of our ongoing journey. Best regards, Lava Ramesh Katti Managing Director 2 | P a g e ANNUAL REPORT FY 2025-2026 BOARD OF DIRECTORS AND KMPs 1. Mr. Lava Katti - Managing Director Mr. Lava Katti, aged 40 years, is the Managing Director of our company. He holds a Bachelor’s degree in Business Administration from Karnataka University, Dharwad, and a Master’s degree in Business Administration from Cardiff Metropolitan University. He has experience in administrating distillery and co-generation units of the company and also oversees agricultural activities. He is actively involved in social work in the Hukkeri Taluka region and surrounding villages. Additionally, he is on the advisory panel of Prathamika Krishi Patin Sahakari Sangh Limited, Bellad Bagewadi, a century-old financial institution catering to the needs of thousands of farmers. He contributes to various social activities through the Rahul Katti Sports and Social Club. 2. Mr. Nikhil Umesh Katti – Non Independent Director Mr. Nikhil Katti, aged 42 years, is Director of our company. He hol [Showing first 8,000 characters — download PDF for full document]