Shareholders meeting

MSEL/SE/2026-27/31 August 24, 2026 The Manager The Manager Listing Department Listing Department National Stock Exchange of India Limited BSE Ltd. ‘Exchange Plaza’, C - 1, Block G, 1st Floor, New Trading Ring, Bandra-Kurla Complex, Rotunda Building Bandra (E), P.J. Towers, Dalal Street, Fort Mumbai 400051 Mumbai-400 001 SYMBOL – MAGADSUGAR STOCK CODE – 540650 Dear Sirs, Sub: Notice of Postal Ballot Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby enclose a copy of the Notice of Postal Ballot ("Notice") dated August 4, 2026, along with the Explanatory Statement pursuant to the applicable provisions of the Companies Act, 2013, read with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, seeking approval of the Members of the Company on the Resolution forming part of the Notice by way Postal Ballot through remote e-voting only. In accordance with the circulars of Ministry of Corporate Affairs, the aforesaid Notice is being sent only by email to all the members who have registered their email addresses with the Company/ Registrar and Share Transfer Agent ("RTA") or their respective depository participant(s) and whose names are recorded in the Register of Members/ Beneficial Owners as on the Cut-off date i.e. Friday, August 14, 2026. The Company has engaged the services of National Securities Depository Limited ("NSDL"), for the purpose of providing remote e-voting facility to its members. The remote e-voting commences on Tuesday, August 25, 2026 at 9:00 A.M. (IST) and ends on Wednesday, September 23, 2026 at 5:00 P.M. (IST). The remote e-voting module shall be disabled by NSDL thereafter. The result of Postal Ballot will be announced within two working days of the conclusion of remote e-voting. The Notice is also being made available on the website of the Company at www.magadhsugar.com and on the website of NSDL at www.evoting.nsdl.com. This is for your kind information and records. Thanking you, Yours faithfully, For Magadh Sugar & Energy Limited S Subramanian Company Secretary FCS - 4974 Encl – as above K. K. BIRLA GROUP OF SUGAR COMPANIES Corporate Office: 5th Floor, Birla Building, 9/1 R. N. Mukherjee Road, Kolkata 700 001 . Email: birlasugar@birla-sugar.com Phone: + 91 33 2243 0497 / 8, 2248 7068, 3057 3000, 3041 0900; Fax: + 91 33 2248 6369 Regd. Office: P.O. Hargaon, Dist. Sitapur, U.P., PIN 261 121. Website: www.magadhsugar.com . CIN: L15122UP2015PLC069632 CIN: L15122UP2015PLC069632 Registered Office: P.O. Hargaon, Dist. Sitapur (U.P.), Pin – 261 121; Phone (05862) 256220 Email: magadhsugar@birlasugar.org; Website: www.magadhsugar.com NOTICE OF POSTAL BALLOT To the Members of the Company, NOTICE is hereby given pursuant to Section 110 read with Section 108 of the Companies Act, 2013 (‘Act’) and other applicable provisions, if any, of the Act and Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014 (‘Rules’), Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) and the Secretarial Standard on General Meetings issued by the Institute of Company Secretaries of India (‘SS-2’), as amended from time to time, read with the General Circular Nos. 14/2020 dated April 8, 2020, 17/2020 dated April 13, 2020 and subsequent circulars issued in this regard, the latest being 03/2025 dated September 22, 2025 issued by the Ministry of Corporate Affairs (hereinafter collectively referred to as ‘MCA Circulars’), that the Special Resolution as set out in this Notice is proposed to be passed by the Members of Magadh Sugar & Energy Limited (‘the Company’) through Postal Ballot only by way of remote e-voting (‘e-voting’) process. In compliance with the aforesaid MCA Circulars, this Postal Ballot Notice along with the instructions regarding e-voting is being sent only through electronic mode to those Members whose e-mail addresses are registered with the Company/Depository(ies)/Registrar and Share Transfer Agent (‘RTA’) and whose names appear in the Register of Members/Register of Beneficial Owners maintained by the Depositories as on Friday, August 14, 2026 (‘Cut-Off Date’). The communication of assent or dissent of the Members would take place only through the remote e-voting system. If your e-mail address is not registered with the Company/Company’s RTA/Depository(ies), please follow the process provided in the Notes to receive this Postal Ballot Notice. The Board of Directors has appointed Mr. Mohan Ram Goenka, a Practising Company Secretary (FCS:4515 and COP No.:2551), as Scrutiniser for conducting the Postal Ballot, through e-voting process, in a fair and transparent manner. The Scrutiniser’s decision on the validity of the votes cast in the Postal Ballot shall be final. The Company has engaged the services of National Securities Depository Limited (NSDL’) as the agency to provide e-voting facility. The e-voting facility will be available at the link www.evoting.nsdl.com during the following period (both days inclusive) and shall be disabled for voting thereafter. Commencement of Remote e-voting End of Remote e-voting Tuesday, August 25, 2026 at 09:00 A.M. (IST) Wednesday, September 23, 2026 at 05:00 P.M. (IST) We request you to carefully read the detailed procedure and instructions for remote e-voting set out in the Postal Ballot Notice. The Special Resolution, if passed by the requisite majority, shall be deemed to have been passed on the date of conclusion of the Postal Ballot, being the last day of remote e-voting. The results of e-voting will be announced within two working days from the end of remote e-voting and will be displayed on the Company’s website at www.magadhsugar.com and NSDL at www.evoting.nsdl.com. The same will also be communicated to the Stock Exchanges. By Order of the Board For Magadh Sugar & Energy Limited S Subramanian Place: Kolkata Company Secretary & Compliance Officer Date: August 4, 2026 FCS-4974 SPECIAL BUSINESS Item No. 1 Appointment of Lieutenant General Rakesh Kapoor (Retd.) (DIN-11763655) as a Non-Executive Independent Director of the Company To consider and if thought fit, to pass, the following Resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 149, 150, 152, 161(1) and other applicable provisions, if any, of the Companies Act, 2013 (‘Act’), and the Rules made thereunder, read with Schedule IV to the Act and applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), as amended from time to time, relevant provisions of the Articles of Association of the Company and based on the recommendation of the Nomination and Remuneration Committee and that of the Board of Directors, Lieutenant General Rakesh Kapoor (Retd.) (DIN: 11763655), who was appointed as an Additional Director in the capacity of an Independent Director of the Company with effect from 4th August, 2026 pursuant to Section 161(1) of the Act and who has submitted the requisite declarations confirming that he meets the criteria of independence prescribed under Section 149(6) of the Act and the Listing Regulations and in respect of whom the Company has received a notice in writing from a member under Section 160(1) of the Act, be and is hereby appointed as a Non-Executive Independent Director of the Company, not liable to retire by rotation, for a term of 5(five) consecutive years with effect from 4th August, 2026 up to 3rd August, 2031 (both days inclusive); RESOLVED FURTHER THAT the Board of Directors of the Company be and are hereby authorized to settle any question, difficulty or doubt, that may arise in giving effect to this resolution, do all such acts, deeds, matters and things as may be necessary and sign and execute all documents or writings as may be necessary, proper or expedient for the purpose of giving effect to this resolution and fo [Showing first 8,000 characters — download PDF for full document]