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Sakthi Sugars' board approved its financial results for the quarter, reporting a net loss of Rs 1.10 crore. Revenue from operations stood at Rs 302.42 crore. Notably, auditors highlighted the absence of an expected credit loss provision of Rs 252.20 crore on interest due from a former associate, which management believes is recoverable. The board also appointed Smt. Susheela Balakrishnan, a seasoned Chartered Accountant, as an Independent Director, pending shareholder approval. The 63rd Annual General Meeting will be conducted virtually. Additionally, the proposal for a Secretarial Auditor and the appointment of Cost Auditors were approved, enhancing governance.