Submission of Voting result along with scrutinizer report and AGM Minutes

THE UGAR SUGAR WORKS LIMITED. Works * Ugar Khurd – 591 316, Dist.Belgaum, Karnataka Phone * -91 8339 274000 (5 Lines) Fax * -918339 272232 E-mail * helpdesk@ugarsugar.com Website * www.ugarsugar.com Regd. Office * Mahaveernagar, Sangli – 416 416, Maharashtra. Phone * -91 233 2623717, 2623716 Fax * -91 233 2623617 E -mail * usw.sangli@ugarsugar.com. T GI SN IN No . 2 29 95 A2 A0 A00 C7 T00 71 5, P RA 1N Z- DA A EA CC CT N7 o5 .8 A0 AR A CT7580 RXM001. (CIN – L15421PN1939PLC006738) Date: 6th August 2026 The Executive Director, Corporate Communications Bombay Stock Exchange Ltd., National Stock Exchange of India Ltd. P J Towers, Dalal Street, Exchange Plaza, Plot no. C/1, G Block Mumbai. Bandra-Kurla Complex, Bandra (E) Tel No: (022) 22721234 Mumbai - 400 051 Tel No: (022) Fax No: (022) 22721278/22722039 26598148 Fax No: (022) 26598120 Stock Code: 530363 Stock Code: UGARSUGAR Dear Sir, Sub:- Submission of 86th AGM Chairman’s Speech and Scrutinizers Report along with voting results. We are Submitting with this letter the 86th AGM Chairman’s Speech and Scrutinizers Report along with voting results in respect of E- Voting conducted at 86th AGM of our Company held on 5th August 2026. Kindly acknowledge the receipt Thanking you, Yours faithfully, Mumbai :701, Roha Orion, 16th Road, Bandra (W), Mumbai 400 050,.Phone:+91 22 26043540, Telefax:+91 22 26045848, E-mail ::usw.bby@ugarsugar.com. Bangalore:317, 14thCross, 9th Main Jaynagar, II Block,Back Side of Kuchalamba Kalyan Mantap,560 011.Ph./Fx:+91 80 26565630, ail:usw.blr@ugarsugar.com. Belgaum :Chinmaya, Plot No.267/B, Sector No.II, Backside of S.B.I. Shivabasav Nagar-591 010, TelefaxNo.+918312472204,Email:usw.bgm@ugarsugar.com. ABHAY R. GULAVANI B.Com., LL.B.(Spl.),. PGDIB, FCS Practicing Company Secretary I Office Address : 'GANESH VANDAN' Apts, Flat No. 202, Gandhi Colony, Opp. Ganapati Mandir, Vishrambag, Sangli -416415. I Residence: "Yadneshwar Bunglow", Near Murtikar Joshi, Behind Court, Killa Bhag, Miraj -416 410, Dist-Sangli. I Office Phone : (0233) 2302482, M : +91 9423871452, Email : abhaygulavani@rediffmail.com, csabhayoffice@gmail.com CONSOLIDATED REPORT OF SCRUTINIZER ON E-VOTING PROCESS [Remote E-voting and E-voting conducted at 86th Annual General Meeting held through Video Conferencing (VC} / Other Audio Visual Means (OAVM}] (Pursuant to Section 108 and 109 of the Companies Act 2013 read with Rule 20 of Companies (Management and Administration) Rules, 2014 further read with Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and General Circular No. 14/2020, 17 /2020 and 20/2020 and General Circular No.02/2021 dated 13th January 2021, General Circular No. 20/2021 dated December 8, 2021, and General Circular no. 3/2022 dated May 5, 2022, 10/2022 dated 28-12-2022, 09/2023, General Circular no. 09/2024 dated 19-09-2024 alongwith subsequent circulars issued in this regard issued by the Ministry of Corporate Affairs ("MCA") and in accordance with the circular dated 12th May, 2020 read with circular dated 15th January, 2021, circular dated 13th May 2022 and 05th January 2023, 07th October 2023, 03rd October, 2024 issued by the Securities and Exchange Board of India ("SEBI"} commonly referred to as "MCA & SEBI CIRCULARS" in relation to holding of AGM through VC / OAVM.} Managing Director, THE UGAR SUGAR WORKS LIMITED (CIN: L15421PN1939PLC006738} Mahaveernagar, Sangli-416416 Sub: Consolidated Scrutinizer's Report on remote e-voting conducted pursuant to the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 as amended by Companies (Management and Administration) Amendment Rules, 2015, LODR Regulations and e-voting during the AGM for the 86th Annual General Meeting of The Ugar Sugar Works Limited held on Wednesday, 05th of August, 2026 at 11:00 a.m. (1ST} through Video Conferencing ('VC'} / other audio visual means ('OAVM') for which Registered Office of the Company be treated as deemed venue of AGM. I, CS Abhay R. Gulavani, Practicing Company Secretaries, was appointed as the Scrutinizer on 12-05-2026, by the Board of Directors of The Ugar Sugar Works Limited, pursuant to Section 108 of the Companies Act, 2013 ("the Act") read with Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended, to conduct the remote e-voting process in respect of the below mentioned resolutions proposed at the 861h Annual General Meeting ("AGM") of The Ugar Sugar Works Limited on Wednesday, 05th of August, 2026 at 11:00 a.m. (1ST} through VC/OAVM in a fair and transparent manner. "MCA & SEBI CIRCULARS" issued in this connection both by MCA and SEBI, providing relaxation for the manner in which the AGM shall be held and conducted. The MCA & SEBI CIRCULARS provides for relaxation in the manner in which the AGM will be held including the manner of sending the Notices and Annual Reports to the shareholders and the manner of voting at the meeting, which started since the outbreak of COVID -19 {CORONAVIRUS) pandemic. Through its various Circulars MCA & SEBI has allowed companies to convene their AGM through VC/OAVM. Voting by means of Poll at the time of AGM by filing physical ballot papers has been dispensed with as physical AGM is not convened. The e-voting process thus includes the consolidated numbers of e-votes cast during the remote e-voting and the e-voting during the AGM. I was appointed as Scrutinizer to scrutinize the remote e-voting held between Saturday pt August 2026, at 10:00 A.M. and ends on Tuesday 4th August 2026 at 5:00 P.M., for the said 86th AGM and to scrutinize thee-voting to be held on 05th August, 2026 i.e. at the AGM. The Company has engaged the services of National Securities Depository Limited {NSDL) for e voting including remote e-voting. In terms of aforesaid notice, remote e-voting was open for four days from Saturday 1st August 2026, at 10:00 A.M. and ends on Tuesday 4th August ?026 at 5:00 P.M., and the members were required to cast their votes electronically conveying their assent or dissent in respect of the ordinary/ special resolutions, on e-voting platform provided by NSDL. The remote e-voting platform shall be disabled by NSDL fore-voting thereafter. The notice dated 12th May, 2026, convening the 86th AGM, as confirmed by the Company was sent on 13th July, 2026 to the shareholders of the Company holding shares and voting as on the "E-voting cut-off date i.e. 29-07-2026" as submitted to the depository, in respect of the below mentioned resolutions proposed to be passed at the 86th AGM of the Company through electronic mode to those Members whose email addresses are registered with the Company/ Depositories, in compliance with the MCA & SEBI Circulars issued from time to time. The Company had also provided remote e-voting facility to the shareholders present at the AGM through VC / OAVM and who had not cast their vote earlier. I have scrutinized and reviewed the remote e-voting prior to the date of AGM and votes cast therein based on the data downloaded from the NSDL e-voting system. After the closure of e-voting at the AGM, the report on remote voting done during the AGM and the votes cast under remote e-voting facility prior to the AGM were unblocked and counted. In terms of the rules I unlocked the e-voting on the platform provided by NSDL after completion of e-voting process (i.e. after the closure of the business at AGM) at 01:13 p.m. on Wednesday, 05th of August, 2026 in the presence of following persons, who are not in the employment of the Company. Mrs. Mousam1 Patwardhan Kelkar The Management of the Company is responsible to ensure compliance with the requirements of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 as amended by Companies (Management and Administration) Amendment Rules, 2015 and relevant Rules and the Listing Agreements / LODR, rela [Showing first 8,000 characters — download PDF for full document]