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The Ugar Sugar Works informs about cessation of independent director and resignation of non-executive director.

11 Aug 2026 Evaluate

Pursuant to the Regulation 30 of the of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), The Ugar Sugar Works has informed that Hari Athawale (DIN: 07335 71 8 ), is retired from the position of the Independent Directors on completion of his term of Office as an Independent Director of the Company effecting from the closing the business hours on 11th August 2026 and ceased to be the Independent Director of the Company thereafter. Further, the company has informed that, Prafulla Shirgaokar (DIN: 00151114) Non-Executive Director, has given his resignation as a Director of the company effecting from the closing the business hours on 11th August 2026 and ceased to be the Non-Executive Director of the Company thereafter. Further, the Board considering his vast experience has appointed him as Chairman Emeritus of the company with effect from 12th August 2026. Further, the committees are duly reconstituted. The requisite disclosure as required as per the requirement of Regulation 30 read with clause 7 of Part A of Schedule III of the Listing Regulations, read with SEBI Circular No. CIR/CFD/CMD/ 4/2015 dated September 9, 2015 is enclosed as Annexure-A.

The above information is a part of company’s filings submitted to BSE.  

Ugar Sugar Works Share Price

56.09 5.73 (11.38%)
20-Aug-2026 16:59 View Price Chart
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