Sakthi Sugars : Sale or disposal of unit/ division/subsidiary

Sakthi Sugars Limited

180. Race Course Road, Post Box No. 3775. Coimbatore -641 018. Phone:+ 91 422-2221551. 4322222

Fax: [phone]. 2220574 E-mail:[e-mail] CIN : L15421TZ1961PLC000396

SL/SE/ 308/2022

2nd May 2022

SSE Limited Floor - 25, P.J.TowersThe National Stock Exchange of India Limited Exchange Plaza, 5th Floor,

Dalal Street, Fort MUMBAI - 400 001

Plot No.C/1, G-Block, Sandra Kurla Complex,Bandra (East)

MUMBAI - 400 051

Dear Sirs,

Sub: Outcome of Board MeetingPursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Board of Directors at its meeting held today (i.e.2.5.2022) has -

• (i) approved sale of Sugar and Distillery Units of the Company in Dhenkanal District, Orissa State, and Soya Unit at Marchinaickenpalayam Village, Pollachi, Coimbatore District, Tamilnadu for the purpose of raising funds to reduce the liabilities of the Company, subject to the approval of the Members of the Company.

• (ii) approved holding of an Extraordinary General Meeting of the Members of the Company on Friday, the 27th May 2022, at 12.15 p.m. through Video Conferencing/Other Audio Visual means in terms of the Circulars issued by Ministry of Corporate Affairs (MCA) and SEBI in this regard. Cut-off date for E-voting is 20.5.2022. Remote E-voting is from 24th May 2022 (9.00 a.m.) to 26th May 2022 (5.00 p.m.).

The Board Meeting commenced at 12.30 pm and ended at 1.30 pm.

Thanking you

ARS LIMITED

nior Vice Presiden & ompany Secretary

Regd. Office : Sakthi Nagar - 638 315. Bhavani Taluk. Erode Dist.. Tamilnadu. Phone [phone], 246341. Fax : [phone]www.sakthisugars.com