Annual Report for the F.Y. 2025-2026

THE SUKHJIT STARCH AND CHEMICALS LIMITED l.r( El./Oi..V!NG WITH Nt.TL1RE Ref: SSC/SPF /SE/2026-27 /c_- ~ Dt:31/07/2026 BYE-FILING To, To, The General Manager-Listing Department The General Manager-Listing Department BSE Limited The National Stock Exchange of India Limited 25th Floor, P.J. Towers, Exchange Plaza, 5th Floor, Dalal Street, Fort, Plot No. C/1, G Block, Bandra Kurla Complex, Mumbai- 400 001 Bandra (E), Mumbai -400 051 Ref: Security Code: 524542 Ref: Symbol: SUKHJITS Sub: Notice of 82nd Annual General Meeting (AGM) and Annual Report for F.Y. 2025-26 Dear Sir, In compliance with Regulations 30, 34 and 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the Notice convening the 82nd AGM of the shareholders of the Company (scheduled to be held on Wednesday, August 26, 2026 at 10:00 AM at the regd. office of the Company at Rehana Jattan, Teh. Phagwara-144407) and the Annual Report for the financial year ended 31st March, 2026. The same are being circulated through electronic mode to all the shareholders of the Company whose E-mail addresses are registered with the Company or Depository Participant(s), in compliance with the relevant circulars issued by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI). The Notice and the Annual Report have also been made available on the Company's website at https://www.sukhjitgroup.com/notice-of-agm and htt_ps: //www.sukhjitgroup.com/annual-report Further, the facility /option to transact through Remote Electronic Voting is also being provided to the shareholders. The remote E-voting will start on Sunday, August 23, 2026 at 9.00 AM. and will end on Tuesday, August 25, 2026 at 5.00 P.M. The cut-off date for the purpose of determining the shareholders for E-voting is August 20, 2026. As already intimated, the Register of Members and the Share Transfer Books of the Company will remain closed from 21-08-2026 to 26-08- -2026 (both days inclusive) for the purpose of holding the Annual General Meeting of the Company. We hope you find the above information in order and request you to take the same on your records. Thanking You, Yours Faithfully, For THE SUKHJIT STARCH & CHEMICA'LS LTD.;· ••, , ..: ),j Sr. Vice President (Finance) & Company Secretary Encl: as above _ Regd. Office: Rehana Jattan, T : 01824 468800, 518800 Tehsil Phagwara, FSSC:22000 Company E : sukhjit@sukhjitgroup.com Distt Kapurthala -144 407 CIN: L1S321PB1944PLC001925 w : www.sukhjitgroup.com (Pb.) India 82nd Annual Report 2025-26 RRooootteedd.. RReessiilliieenntt.. RRiissiinngg Core that Sustains. Growth that Endures. stnetnoC The true strength of an enterprise is revealed through its ability Corporate Overview to navigate changing cycles while remaining firmly anchored About us 02 to its fundamentals. Resilience is built over time through Our journey 04 disciplined execution, operational excellence and the conviction Our presence 06 to continue investing in the future, even amid uncertainty. Rooted. Resilient. Rising 08 MD’s Message 10 For over eight decades, Sukhjit has evolved execution. At the same time, we continued Our Strengths 14 alongside the industries it serves, navigating to optimise our operations and enhance Our diverse offering 16 shifts in markets, raw material cycles and productivity across our manufacturing network. Stakeholder engagement 18 economic conditions while strengthening As demand across key user industries gains Our operational excellence 20 its capabilities. Each phase has reinforced an momentum and the operating environment enduring belief that sustainable growth is built Our people 24 becomes favourable, we are well positioned to on the strength of the core. Environment stewardship 28 build on these foundations. Rooted in decades The year under review presented its share of of expertise, resilient in the face of change Corporate Social Governance 30 challenges, with volatility in raw material prices and rising towards new opportunities, we Our governance 34 and continued pressure on product realisations. remain committed to creating enduring value Board of Directors 38 Yet, supported by healthy capacity utilisation, through innovation, operational discipline and Corporate information 41 prudent supply chain management and focused a relentless focus on excellence. efficiency initiatives, we remained resilient in our Statutory Reports Notice 42 Directors’ Report 55 Management Discussion and Analysis 62 Corporate Governance Report 70 Financial 03 Statements Standalone Auditor’s Report 96 Standalone Financial Statements 108 Consolidated Auditor’s Report 135 Consolidated Financial Statements 142 Website: www.sukhjitgroup.com Scan the QR code to view the report online. 02 82nd Annual Report 2025-26 Corporate Overview Statutory Reports Financial Statements 03 About Us Key performance indicators Rooted in Purpose Measuring Resilient Progress Financial WHO GMP- Innovation and R&D Sukhjit Starch and Chemicals Limited stands among India’s oldest and leading manufacturers of starch and starch derivatives, carrying 1442 65 crore Certified Lacs forward a distinguished legacy of over eight decades. Revenue Invested in R&D initiatives Good Manufacturing Practices Established in 1943 in Phagwara, Punjab, we commenced our journey with corn grinding operations and over the decades, Certificate for Phagwara have evolved into one of India’s established starch solution providers, expanding our capacity while strengthening our 92 (Rehana Jattan) Unit technical expertise and manufacturing capabilities. crore Dedicated R&D centre at GMP- Phagwara Today, we cater to a diverse spectrum of industries as a trusted one-stop B2B partner for starch-based solutions. Our EBITDA comprehensive products include Native Starch, Dextrines, Pre-gel Starch, liquid glucose, Malto-dextrin Powder, Dextrose Monohydrate, Sorbitol, Dextrose Anhydrous and allied by-products. Certified Operational Anchored by advanced manufacturing infrastructure and a steadfast focus on quality, innovation and operational excellence, Sustainability we remain committed to delivering sustainable growth and long-term stakeholder value through responsible, resource- Good Manufacturing Practices 1600+ efficient and environmentally conscious business practices. TPD Certificate for Malda Unit 6500+ Maize Grind Halal Trees planted Certification Lacs Manufacturing facilities For all 4 units CSR expenditure Quality and compliance Kosher FSSC 22000 Certification Certification For Phagwara (Rehana Jattan) & Gurplah Unit Food Safety Systems Certification (SGS) for Phagwara (Rehana Jattan), SMETA Malda & Gurplah Unit (Sedex Pillar FSSAI 4/Pillar 6) Licence Audited manufacturing For all 4 units facilities Drug Licence For Phagwara (Rehana Jattan) & Malda Unit 04 82nd Annual Report 2025-26 Corporate Overview Statutory Reports Financial Statements 05 Our Journey Maintained resilient business From Strong Foundations to performance amid pricing pressure / muted demand for some finished goods, owing to shifts in global tariff Enduring Legacy structure and other geopolitical uncertainties. We laid the We established 2026 foundation of India’s first our Company in indigenous Phagwara, Punjab, Dextrose Plant in marking the Phagwara, setting We achieved beginning of our new benchmarks We We commissioned a revenue of ₹1,493 pioneering journey in in starch commissioned new manufacturing crores despite the starch industry. manufacturing. our first unit in Punjab with market volatility and indigenous a maize grinding subdued sectoral Sorbitol plant in capacity of 600 TPD demand. Phagwara, further and undertook a 1943 1982 diversifying our major expansion product portfolio. programme 2025 Foundation Years 1971 We enhanced We increased with a CAPEX of approximately ₹350 (1943-2000) capacities at our the maize crores. 1993 Phagwara and We commissioned grinding Nizamabad units, our Gurplah unit capacity at increa [Showing first 8,000 characters — download PDF for full document]