Piccadily Sugar & Allied Industries Ltd — Important, 09-05-2026: Company Update

Piccadily's Board has appointed Ms. Renu Rawat as an Additional Independent Director for a five-year term, pending shareholder approval. This appointment enhances the board's independent oversight, with Ms. Rawat also joining the Audit Committee and chairing the Nomination and Remuneration Committee. Concurrently, Ms. Ramneek Kaur has resigned as an Independent Director due to personal commitments. Shareholders will vote via postal ballot on Ms. Rawat's appointment and the engagement of M/s. Rattan Kaur and Associates as new Statutory Auditors to fill a vacancy. These changes streamline governance and auditor roles.