Ponni Sugars (Erode) Limited Shareholders Approve Managing Director Reappointment via Postal Ballot
Ponni Sugars (Erode) Limited shareholders have approved the reappointment of Managing Director Mr Ramanathan Narayanan through postal ballot with overwhelming support. The remote e-voting process conducted from 26th February to 27th March 2026 resulted in 99.964% votes in favour out of 40,94,893 total votes polled. The Promoter and Promoter Group showed complete participation with 100% approval, while the resolution was passed as a special resolution with requisite majority, demonstrating strong shareholder confidence in the company's leadership.