Change in Auditors

PEOPLE PASSION PROGRESS Ref.No: SEC26063 23rd July 2026 National Stock Exchange of India Limited BSE Limited Bandra Kurla Complex P.J.Towers Bandra East Dalal Street Mumbai – 400 051. Mumbai – 400 001. Scrip symbol: RAJSREESUG Scrip code: 500354 Sirs, Sub: Appointment of Statutory Auditors and Re-appointment of Mr. R. Varadarajan as Director and Wholetime Director. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations), we hereby inform you that the shareholders of the Company, at the 40th Annual General Meeting (AGM) held on 23rd July 2026, approved the appointment of the Statutory Auditors, the re-appointment of Mr. R. Varadarajan as a Director liable to retire by rotation and his re-appointment as Wholetime Director, as detailed below. a) Appointment of Statutory Auditors for five financial years from 2026-27 to 2030-31: Name M/s. Karthikeyan & Jayaram Reason for change viz. appointment, re- M/s. S. Krishnamoorthy & Co., Chartered appointment, resignation, removal, death Accountants (Firm Registration No. 001496S), will or otherwise retire at the conclusion of the 40th Annual General Meeting held on 23rd July 2026, upon completion of two consecutive terms of five years each. Accordingly, M/s. Karthikeyan & Jayaram, Chartered Accountants, have been appointed as the new Statutory Auditors of the Company in their place. Date of appointment/re- At the 40th Annual General Meeting held on 23rd appointment/cessation (as applicable) & July 2026, the shareholders approved the term of appointment/re-appointment appointment of M/s. Karthikeyan & Jayaram, Chartered Accountants (Firm Registration No. 007570S), as the Statutory Auditors of the Company for a term of five years, from the conclusion of the 40th Annual General Meeting until the conclusion of the 45th Annual General Meeting, to audit the financial statements for the five financial years ending 31st March 2027 to 31st March 2031. Brief profile (in case of appointment) M/s. Karthikeyan & Jayaram, Chartered Accountants, was established on 6th November 1974 and has over five decades of professional experience. The firm provides professional services in the areas of audit and assurance, risk advisory, domestic and international taxation, regulatory services, corporate advisory and financial services. It has offices in Coimbatore and Erode and experience across various sectors, including manufacturing, banking, non-banking financial Rajshree Sugars & Chemicals Limited CIN: L01542TZ1985PLC001706 rscl@rajshreesugars.com 1GV, 360, Kamaraj Road, Uppilipalayam GSTIN: 33AABCR4179D1ZL www.rajshreesugars.com Coimbatore - 641015, Tamil Nadu, India T: +91-422-2580981-82 Chennai Theni Mundiyampakkam Gingee PEOPLE PASSION PROGRESS companies, infrastructure, textiles, agro-based industries, food industries, logistics, retail and educational institutions. It presently has seven partners. Disclosure of relationships between Not applicable. directors (in case of appointment of a director). b) Re-appointment of Mr. R. Varadarajan (DIN: 00001738), Director retiring by rotation Name Mr. R. Varadarajan (DIN: 00001738) Reason for change viz. appointment, re- Re-appointment upon retirement by rotation. appointment, resignation, removal, death or otherwise Date of appointment / reappointment / Re-appointed by the shareholders at the 40th cessation, as applicable, and term of Annual General Meeting held on 23rd July 2026, appointment / reappointment on his retirement by rotation. Brief profile, in case of appointment Please refer to the brief profile provided under item (c) below. Disclosure of relationships between Nil directors, in case of appointment of a director Confirmation in compliance with SEBI Yes Letter dated 14th June 2018 read along with Exchange Circular dated 20th June 2018, affirming that the person proposed to be appointed as Director is not debarred from holding the office by virtue of any SEBI order or any other authority c) Re-appointment of Mr. R. Varadarajan (DIN: 00001738) as Wholetime Director for five years from 5th June 2026 Name Mr. R. Varadarajan (DIN: 00001738) Reason for change viz. appointment, re- Re-appointment. appointment, resignation, removal, death or otherwise Date of appointment / reappointment / Re-appointed as the Wholetime Director for five cessation, as applicable, and term of years from 5th June 2026 to 4th June 2031, appointment / reappointment including his continuation as the Wholetime Director after attaining the age of 70 years during the said tenure. The re-appointment was approved by the shareholders at the 40th Annual General Meeting held on 23rd July 2026. Brief profile, in case of appointment Mr. R. Varadarajan has been associated with Rajshree Sugars & Chemicals Limited (RSCL) since its inception in 1987. He was first appointed as the Wholetime Director of the Company on 5th June 2003. He holds Master’s degrees in Business Management and English Literature and has extensive experience in strategic and financial planning, project management, technical operations and Rajshree Sugars & Chemicals Limited CIN: L01542TZ1985PLC001706 rscl@rajshreesugars.com 1GV, 360, Kamaraj Road, Uppilipalayam GSTIN: 33AABCR4179D1ZL www.rajshreesugars.com Coimbatore - 641015, Tamil Nadu, India T: +91-422-2580981-82 Chennai Theni Mundiyampakkam Gingee PEOPLE PASSION PROGRESS commercial management. He has spearheaded the Company’s diversification from sugar into alcohol, organic fertilisers, cogeneration of power and bio-products. He has also played a key role in the acquisition of sugar factories and the integration of their management cultures and operations. He is actively involved in industry associations at the State and national levels and is currently the President of the South Indian Sugar Mills Association (SISMA) and an Executive Committee Member of the Indian Sugar & Bio-energy Manufacturers Association (ISMA). Disclosure of relationships between Nil directors, in case of appointment of a director Confirmation in compliance with SEBI Yes Letter dated 14th June 2018 read along with Exchange Circular dated 20th June 2018, affirming that the person proposed to be appointed as Director is not debarred from holding the office by virtue of any SEBI order or any other authority Kindly take the same on record. Thanking you For and on behalf of RAJSHREE SUGARS & CHEMICALS LIMITED M Ponraj Company Secretary Membership No.A29858 Rajshree Sugars & Chemicals Limited CIN: L01542TZ1985PLC001706 rscl@rajshreesugars.com 1GV, 360, Kamaraj Road, Uppilipalayam GSTIN: 33AABCR4179D1ZL www.rajshreesugars.com Coimbatore - 641015, Tamil Nadu, India T: +91-422-2580981-82 Chennai Theni Mundiyampakkam Gingee