Ponni Sugars (Erode) Limited has officially announced the re-appointment of Mr. Ramanathan Narayanan as the Managing Director of the company. The decision was finalized by the Board of Directors during their meeting on February 20, 2026, following a formal recommendation from the Nomination and Remuneration Committee. The re-appointment is set for a fixed term of three years, effective from April 1, 2026, and extending until March 31, 2029.

The re-appointment of Mr. Ramanathan Narayanan, who carries the Director Identification Number (DIN) 00001033, is subject to the final approval of the company’s shareholders via a Special Resolution. Mr. Narayanan is a highly qualified professional, holding credentials as a Chartered Accountant, Company Secretary, and Cost Accountant. He has a distinguished academic record as a University rank holder in B.Com and an All India rank holder in Chartered Accountancy. His extensive experience spans several critical fields, including Finance, Taxation, Legal, and General Management, with a specialized focus on the sugar industry.

Ponni Sugars (Erode) Limited, established in 1984, operates in the sugar and cogeneration sectors, processing sugarcane into sugar and generating electricity from bagasse. In 2025, the company expanded its operations by acquiring the assets of a jaggery unit through a SARFAESI Act auction. Recent updates from 2025 include a strategic five-year Memorandum of Understanding with Seshasayee Paper and Boards Limited for the exchange of materials like bagasse and fuel. Additionally, the company received a favorable ruling from the Appellate Tribunal for Electricity (APTEL) in September 2025 regarding tariff revisions for power exports, which is expected to have a future financial impact.

For the quarter ended December 31, 2025, Ponni Sugars reported a total revenue of ₹155.03 Crores, marking a 32.89% increase compared to ₹116.66 Crores in the corresponding quarter of the previous year. The net profit for the same period surged by 292.95% to ₹9.47 Crores, up from ₹2.41 Crores year-on-year. A prominent investor in the company is Seshasayee Paper and Boards Limited, which holds a 32.35% stake as of December 2025. Other notable investors include the Atyant Capital India Fund I, which maintains a 9.46% shareholding.