Bannari Amman Sugars logo

Bannari Amman Sugars MD, chairman, board of directors and AGM

NSE: BANARISUGBSE: 500041Agricultural Food & other ProductsSmall Cap

Last close ₹3,202.90down ₹20.50 (0.64%)BSE ₹3,170.25

Share price at the NSE close on 23 Oct 2026. Previous close ₹3,223.40.

52-week range of traded prices to 23 Oct 2026
₹3,175.20Low, 23 Oct 2026₹4,338.00High, 20 Aug 2026
Market cap
₹4,016 Cr815th largest listed
P/E
33.0
P/B
2.1
Dividend yield
0.39%
ROE
6.6%
ROCE
5.0%
Debt to equity
0.00
Volume, NSE
98978.4% delivered

Bannari Amman Sugars board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorS V BALASUBRAMANIAM
  • Managing directorB SARAVANAN
  • Company Secretary and Compliance OfficerC PALANISWAMY

6 directors3 independent2 executive1 non-executive

  • S V BALASUBRAMANIAM · Chairperson and managing directorExecutive · joined Dec 1983 · reappointed Jun 2025 · 1 listed board
  • B SARAVANAN · Managing directorExecutive · joined Jan 1999 · reappointed Jun 2025 · 1 listed board · 1 committee seat
  • C DEVARAJAN · Shareholder DirectorIndependent · joined Aug 2024 · reappointed Aug 2024 · 25 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • M RATHINASAMY · Shareholder DirectorIndependent · joined Aug 2024 · reappointed Aug 2024 · 25 months as independent · 3 listed boards · 3 as independent · 4 committee seats, 2 as chair
  • SOWMYA SITARAM · Shareholder DirectorIndependent · joined Sep 2025 · reappointed Sep 2025 · 13 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • M BHARATH KUMARNon-executive · joined Aug 2024 · reappointed Aug 2024 · 25 months as independent · 1 listed board · 1 committee seat

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

2 directors who left
  • M PONNUSWAMI, left 17 Apr 2026: Others
  • RADHA RAMANI, left 22 Sep 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 14 Aug 20266 of 6 present3 independent · 78 days in between
    • 27 May 20266 of 6 present3 independent

  • Audit Committee

    Chair M RATHINASAMY

    C DEVARAJAN, SOWMYA SITARAM

    • 14 Aug 20263 of 3 present3 independent · 78 days in between
    • 27 May 20263 of 3 present3 independent

  • Nomination and remuneration committee

    Chair M RATHINASAMY

    C DEVARAJAN, SOWMYA SITARAM

    • 27 May 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair SOWMYA SITARAM

    B SARAVANAN, M BHARATH KUMAR

    • 14 Aug 20263 of 3 present1 independent

  • Risk Management Committee

    Chair M RATHINASAMY

    B SARAVANAN, SOWMYA SITARAM

    • 14 Aug 20263 of 3 present2 independent

  • Corporate Social Responsibility Committee

    Chair C DEVARAJAN

    S V BALASUBRAMANIAM, SOWMYA SITARAM

    • 27 May 20263 of 3 present2 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Jun 2026.

  • P N RAGHAVENDRA RAO & COPeer-review certificate valid to Aug 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Bannari Amman Sugars AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Bannari Amman Sugars dividend history

Annual general meeting, 23 Sep 2026

6,581 shareholders on the register on 16 Sep 2026; present: 5 promoters and 42 others; votes counted by K RADHAKRISHNAN / K RADHAKRISHNAN.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements, Reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 77.45% · promoters 100.00% · institutions 38.51% · other public 45.46%

  2. Declaration of Dividend on equity shares
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 77.45% · promoters 100.00% · institutions 38.51% · other public 45.46%

  3. Re-Appointment of Director Sri B Saravanan (DIN : 00002927)
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 77.45% · promoters 100.00% · institutions 38.51% · other public 45.46%

  4. Ratification of Remuneration payable to Cost Auditor of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 77.45% · promoters 100.00% · institutions 38.51% · other public 45.46%

  5. Alteration of object clause of Memorandum of Association of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 77.45% · promoters 100.00% · institutions 38.51% · other public 45.46%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 23 Oct 2025, 1 resolution

7,761 shareholders on the register on 19 Sep 2025; votes counted by K RADHAKRISHNAN / K RADHAKRISHNAN.The company's voting result (opens in a new tab)

  1. Appointment of Smt Sowmya Sitaram (DIN: 11254035) as a Director under the category of “Non-Executive Woman Independent Director” for a term of five consecutive years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 73.99% · promoters 100.00% · institutions 37.74% · other public 37.01%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Aug 2025, 7 resolutions

7,834 shareholders on the register on 22 Aug 2025; present: 6 promoters and 40 others; votes counted by K RADHAKRISHNAN / K RADHAKRISHNAN.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements, Reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 78.16% · promoters 100.00% · institutions 37.74% · other public 47.19%

  2. Declaration of Dividend on equity shares
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 78.16% · promoters 100.00% · institutions 37.74% · other public 47.19%

  3. Re-Appointment of Director Sri S V Balasubramaniam (DIN : 00002405)
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 78.16% · promoters 100.00% · institutions 37.74% · other public 47.19%

  4. Re-appointment of Sri S V Balasubramaniam as Chairman (DIN : 00002405)
    SpecialPromoters have an interest in it
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 99.46% · other public 0.00%

    Turnout: all 78.16% · promoters 100.00% · institutions 37.74% · other public 47.19%

  5. Re-appointment of Sri B Saravanan as Managing Director (DIN : 00002927)
    SpecialPromoters have an interest in it
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 99.46% · other public 0.00%

    Turnout: all 78.16% · promoters 100.00% · institutions 37.74% · other public 47.19%

  6. Appointment of Secretarial Auditors
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 78.16% · promoters 100.00% · institutions 37.74% · other public 47.19%

  7. Ratification of Remuneration payable to Cost Auditor of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 78.16% · promoters 100.00% · institutions 37.74% · other public 47.19%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 23 Sep 2024, 8 resolutions

Present: 6 promoters and 33 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements, Reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 66.87% · promoters 100.00% · institutions 39.46% · other public 19.67%

  2. Declaration of Dividend on equity shares
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 66.87% · promoters 100.00% · institutions 39.46% · other public 19.67%

  3. Re-Appointment of Director Sri B Saravanan (DIN: 00002927)
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 66.87% · promoters 100.00% · institutions 39.46% · other public 19.67%

  4. Appointment of Sri C Devarajan (DIN:00109836) as a Director and as an Independentn Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 66.87% · promoters 100.00% · institutions 39.46% · other public 19.67%

  5. Appointment of Sri M Rathinasamy (DIN:10391134) as a Director and as an Independentn ` Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 66.87% · promoters 100.00% · institutions 39.46% · other public 19.67%

  6. Appointment of Sri M Ponnuswami (DIN:00015847) as a Director and as an Independentn Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 66.87% · promoters 100.00% · institutions 39.46% · other public 19.67%

  7. Appointment of Sri M Bharath Kumar (DIN:10727631) as a Non-Executive Non-Independent Director
    Ordinary
    99.84% for0.16% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.01%

    Turnout: all 66.87% · promoters 100.00% · institutions 39.46% · other public 19.67%

  8. Ratification of Remuneration payable to Cost Auditor of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 66.87% · promoters 100.00% · institutions 39.46% · other public 19.67%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 4 Sep 2023, 5 resolutions

Present: 6 promoters and 33 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements, Reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.49% · promoters 100.00% · institutions 43.27% · other public 28.46%

  2. Declaration of Dividend on equity shares
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.49% · promoters 100.00% · institutions 43.27% · other public 28.46%

  3. Re-Appointment of Director Sri S V Balasubramaniam (DIN: 00002405)
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.49% · promoters 100.00% · institutions 43.27% · other public 28.46%

  4. Ratification of remuneration payable to Cost Auditor
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.49% · promoters 100.00% · institutions 43.27% · other public 28.46%

  5. Alteration in the object clause of the Memorandum of Association of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.49% · promoters 100.00% · institutions 43.27% · other public 28.46%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 9 Sep 2022, 5 resolutions
  1. Adoption of Audited Financial Statements, Reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against
  2. Ratification of remuneration payable to Cost Auditor
    Ordinary
    100.00% for0.00% against
  3. Appointment of Statutory Auditors
    Ordinary
    100.00% for0.00% against
  4. Re-Appointment of Director Sri B Saravanan (DIN: 00002927)
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against
  5. Declaration of Dividend on equity shares
    Ordinary
    100.00% for0.00% against

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 9 Sep 2021, 4 resolutions

Present: 6 promoters and 36 others.The company's voting result (opens in a new tab)

  1. doption of Audited Financial Statements, Reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 59.11% · promoters 100.00% · institutions 50.29% · other public 0.69%

  2. Declaration of Dividend on equity shares
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 59.11% · promoters 100.00% · institutions 50.29% · other public 0.69%

  3. Re-Appointment of Director Sri S V Balasubramaniam (DIN: 00002405)
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 59.11% · promoters 100.00% · institutions 50.29% · other public 0.69%

  4. Ratification of remuneration payable to Cost Auditor
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.05%

    Turnout: all 59.11% · promoters 100.00% · institutions 50.29% · other public 0.69%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 2 Sep 2020, 7 resolutions

Present: 11 promoters and 33 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements, Reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 58.77% · promoters 100.00% · institutions 9.51% · other public 0.12%

  2. Declaration of Dividend on equity shares
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 58.77% · promoters 100.00% · institutions 9.51% · other public 0.12%

  3. Appointment of Director in the place of Sri B Saravanan, Director (DIN: 00002927) who retires by rotation
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 58.77% · promoters 100.00% · institutions 9.51% · other public 0.12%

  4. Re-appointment of Dr Radha Ramani as Independent Director for a second term of 5 (five) consecutive years from 23.09.2020 to 22.09.2025
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 58.77% · promoters 100.00% · institutions 9.51% · other public 0.12%

  5. Re-appointment of Sri S V Balasubramaniam as Chairman of the Company with substantial powers for a further period of five years with effect from 02.06.2020
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 58.77% · promoters 100.00% · institutions 9.51% · other public 0.12%

  6. Re-appointment of Sri B Saravanan as Managing Director of the Company for a further period of five years with effect from 02.06.2020
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 58.77% · promoters 100.00% · institutions 9.51% · other public 0.12%

  7. Ratification of remuneration payable to Cost Auditor
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 58.77% · promoters 100.00% · institutions 9.51% · other public 0.12%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 23 Oct 2025, 1 fund house

  • Appointment of Smt Sowmya Sitaram (DIN: 11254035) as a Director under the category of “Non-Executive Woman Independent Director” for a term of five consecutive years
    1 for0 against

Mutual fund votes, meeting of 29 Aug 2025, 1 fund house

  • Adoption of Audited Financial Statements, Reports of the Board of Directors and Auditors thereon
    1 for0 against
  • Declaration of Dividend on equity shares
    1 for0 against
  • Re-Appointment of Director Sri S V Balasubramaniam (DIN : 00002405)
    1 for0 against
  • Re-appointment of Sri S V Balasubramaniam as Chairman (DIN : 00002405)
    1 for0 against
  • Re-appointment of Sri B Saravanan as Managing Director (DIN : 00002927)
    1 for0 against
  • Appointment of Secretarial Auditors
    1 for0 against
  • Ratification of Remuneration payable to Cost Auditor of the Company
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.