Outcome of the Board Meeting held on 14-08-2026 as per Regulation 30, SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

eka a UMESH MODI 14.08.2026 The Manager — BSE Limited 25th Floor, P.J. Towers, Dalal Street, Mumbai-400001 Sub ect: Outcome of the Board Meetin as per Reg ul ation 30 SEBI Listin, - Obli ation and Disclosure Requirements) Re; ulations 2015. Serip Code: 532 102 Dear Sir(s) . We would like to inform you that the Board of Directors (“the Board”) of the Company at« its meeting held today i.e. August 14, 2026 inter-alia has approved the following: 1. Un-Audited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 2026 along with Limited Review Report thereon under r Regulations 33(3)(d) of SEB! (LODR) . Regulations, 2015. 2. Re- appointment of M/s M.K. Singhal & Co., Cost Accountants ‘(FRN: 00074) as .Cost Auditors of the Company for the FY 2026-27. , 3. Taking note of Resignation of Mr. “Madhur Agarwal from the post of Company Secretary cum compliance officer of the Company w.e.f 13t August, 2026. (The intimation of the same has been filed with Stock exchange on 13th August, 2026) - 4. Took note of Conversion of Debentures. issued by the SBEC Stockholding and Investment - Limited (Wholly Owned Subsidiary) in 1 to equity Shares. 5. Approval of the Notice & Directors Report along with annexures of the gad Annual General Meeting: of the Company. Brief profile as per SEBI Master Circular No HO/49/14/ 14(7)2025- -CFD- POD2/ 1/3762/2026 dated January 30, 2026 is enclosed (for item no. 2) herewith as Annexure A to this letter. The meeting com menc ed at 1 6:00 P.M. and concluded at 16:16 P.M. You are requested to take on record the. above for your reference and record. Thanking You, Yours faithfully For SBEC Sugar A.K. Goel CFO . REGD. OFFICE : VILLAGE LOYAN, MALAKPUR, BARAUT, DISTT. BAGHPAT-250 614 (U.P.) TEL.: 01234-259206, 259273 CIN : L15421UP1991PLC019160 E-mail : investors@sbecsugar.com, admin.malakpur@sbecsugar.com Annexure - I Details required to be furnished under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 read with SEBI Circular HO/49/14/14(7)2025 CFD-POD2/1/3762/2026 dated January 30, 2026 Particulars Be M/s M.K. Singhal & Co. Reason for Change viz., appointment, | Re-appointment resignation, removal, death or otherwise. ‘Date of appointment/cessation & Term | Re-appointment at the Board Meeting of appointment held on August 14, 2026 for the F.Y. 2026-27. Brief Profile (in case of appointment) § _|M/s. M.K. Singhal & Co. is a firm _| specialized in the field of direct taxes, corporate and project financing, | corporate laws, costing and pricing assignments and management consultancy with an experience of -|more than 26 years. Disclosure of relationships between |N.A. Directors (in case of appointment of director) DOOGAR & ASSOCIATES CHARTERED ACCOUNTANTS INDEPENDENT AUDITOR’S REVIEW REPORT ON STANDALONE UNAUDITED QUARTERLY FINANCIAL RESULTS OF THE COMPANY PURSUANT TO THE REGULATION 33 OF SEBI (LISTING. OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015, AS AMENED TO THE BOARD OF DIRECTORS OF SBEC Sugar Limited 1. We have reviewed the accompanying statement of Standalone Unaudited Financial results of SBEC SUGAR LTD {"the company") for the quarter ended 30 June, 2026, attached herewith, being submitted by the company pursuant to the requirements of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘the regulation’) as amended, read with SEBICircular No. CIR/CFD/CMD/180/2019 dated 19th July, 2019 (‘the Circular’) and amendment thereto. 2. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013and rules thereunder, requirements of the Regulation and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. EW ne agc eo mn ed nu tc ste d (So Ru Er re 2v 4i 1e 0w o ‘f evth ie Sta oft eme In nt erii mn a Fc ic no ar ncd ia an lc e Inw fit oh matth ie Sta Pn ed ra fr od meo dn R bye vie thw Independent Auditor of the Entity’, issued by the Institute of Chartered Accountants of India (ICAI). This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statements are free of material misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit, We have not performed an audit and accordingly, we do not express an opinion. 4. Basis of qualified conclusion a) During the quarter ended 3 0" June, 2026 the company has not made provision for interest, on late payment of cane dues amounting to Rs.776.15 lacs for sugar season 2025-26, had the company made provision, the expense and loss for the quarter ended 3 of June, 2026 would have been higher by Rs.776.15 lacs and its consequential impact on EPS. b) The company has valued the closing stock at NRV instead of “the lower of cost and net realisable value” as required under IND AS-2 "Inventories”. Since the NRV is higher than cost this has resulted in overstatement of Inventories (Finished Goods and WIP-Sugar) by Rs. 1063.32 lacs, understatement of loss for the quarter by Rs. 1063.32 lacs and its consequential impact on EPS. 5. Based on our review conducted except for the possible effects of the matters described in the “Basis of qualified conclusion” in para 4 above, nothing has come to our attention that causes mu es asto u rb ee mli ee nv te th pa rt i nt ch ie p lea sc co lm aip da ny di on wg n S it n ate thm ee nt, a fop rer se ap ia dr ed Ini dn i ana cco Ar cd ca on uc ne t inw git h St th ae ndr ae rc do gni ant di on ota hn ed r accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, as amended, including the manner in which is to be disclosed, or that it contains any material misstatement. 43, COMMUNITY CENTRE, EAST OF KAILASH, NEW DELHI - 110065. PHONES - 41624352, 41326814 E-mail < dengarco@netmail.com DOOGAR & ASSOCIATES a CHARTERED ACCOUNTANTS me & 6. Emphasis of Matter (i) Attention is invited to note no. d of the standalone unaudited financial statement regarding interest payment on cane dues where the High Court vide its order dated 9th March, 2017 has set aside the decision of State Government for the waiver of Interest for the year 2012-13, 2013-14 and 2014-15 and asked the Cane Commissioner to take a final call in the matter, pending final order the Company has not made provision for interest, on the late payment of cane dues for years 2012-13, 2013-14 and 2014-15. The Hon'ble Supreme Court vide its order dated 23.04.2018 has upheld the Hon'ble High Court order dated 9th March, 2017.The matter is stil] sub-judice. Under the power vested with the Cane Commissioner (U.P.) for waiver of interest under UP Sugar Cane (Regulation of Supply & Purchase) Act,1953 in respect of loss making/sick companies, the company had made an application to Cane Commissioner (U.P.) for waiver of interest on cane dues. Pending receipt of the Cane Commissioner's decision, no interest has been provided on the cane dues. The company has decided to account for the same upon decision in the matter/payment. Our conclusion is not qualified in respect of above-mentioned matter. For Doogar & Associates Chartered Accountants 4 = de Mukesh= Gow 2,p S a Partner es M U. bN Io n. : 0 281 68 010 8 1 8/0@VLEKPS 415 Place : New Delhi Date : 14.08.2026 CONTINUATION SHEET........- “SRECSUGARLIMIZED e n (CIN ): LISMTUPRLOMELCO6L0 : Corporat Reus nSaton Farauit Distt Baghnat, Uttar Prades~250611 ek Ride 30H Jute, 2026 QUA [Showing first 8,000 characters — download PDF for full document]