Prudential Sugar Corporation Ltd. to Hold EGM for Appointment of Independent Woman Director
Prudential Sugar Corporation Ltd. announced that it will hold an Extra-Ordinary General Meeting (EGM) on Monday, May 11, 2026. The meeting is scheduled for 2:30 PM (IST) and will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM).The primary focus of the EGM is to consider and pass a Special Resolution for the regularization of the appointment of Ms. Priyanka Rajora as a Non-Executive Independent Woman Director.
Director Appointment Details
The proposed resolution relates to Ms. Priyanka Rajora (DIN: 08985737), who was appointed as an Additional Director of the Company by the Board of Directors on February 13, 2026.The appointment follows the resignation of Ms. Shilpa Bung (DIN 08257931) from the directorship due to personal reasons and professional pre-occupations.
The Nomination and Remuneration Committee and the Board of Directors recommended the appointment of Ms. Priyanka Rajora as an Independent Director. The appointment is proposed for a period of 5 years, effective from February 13, 2026, up to the conclusion of the 39th AGM to be held in the year 2030. Under this term, she shall not be liable to retire by rotation.
Ms. Priyanka Rajora, who is an Indian national, holds a Bachelor of Commerce (B.Com) degree and is a Qualified Company Secretary from the Institute of Company Secretaries of India (ICSI). She is a Practicing Company Secretary with expertise in corporate governance, corporate laws, regulatory compliance, and capital market transactions.
EGM Participation and E-Voting
Given that the EGM is being held through VC/OAVM, the requirement for physical attendance of members has been dispensed with.The Company has provided a robust remote e-voting facility for members. Key dates related to voting and participation include:
| Event/Action | Date/Period | Details |
|---|---|---|
| EGM Date | Monday, May 11, 2026 | Meeting time: 2:30 PM (IST) |
| Remote E-Voting Period | May 08, 2026 to May 10, 2026 | Voting begins at 09:00 A.M. on May 08 and ends at 05:00 P.M. on May 10. |
| Record Date (Cut-off Date) | Friday, May 01, 2026 | Voting rights are proportional to shareholding as on this date. |
Members holding securities in demat mode with NSDL or CDSL can cast their votes electronically during the specified window. The facility for participation in the meeting is available through the NSDL e-Voting system.
Shareholders wishing to question or express views during the meeting are required to send their requests, including their name, demat account number/folio number, email ID, and mobile number, to pscl.secretarial@gmail.com by 5:00 p.m. (IST) on Friday, May 08, 2026.
PRUDMOULI Stock Price Movement
Today, Prudential Sugar Corporation Limited shares edged higher to close at ₹17.41, recording a solid 0.47% gain for the day. The stock settled at this level on a volume of 33,194 shares during the trading session.Source:
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