Ponni Sugars (Erode) Ltd

Parties & target

• Target Company: Ponni Sugar Erode Limited.
• Acquirer: ACIF-1; not promoter group.

Transaction details

• Pre-holding: 5,00,000 shares, 5.815% voting rights.
• Mode: Open Market.
• Shares carrying voting rights sold: 5,00,000 (5.815%).
• Post-holding: 0 shares; stake: nil.
• Dates: 05-10-2026; 06-10-2026; 07-10-2026; 12-10-2026; 13-10-2026.
• Equity share capital before/after: Rs 8,59,84,180.
• Total diluted capital after: not disclosed.

Ponni Sugars (Erode) Ltd — Trading Window Closure from Thursday, the 01st October 2026 till 48 hours after the declaration of the Unaudited Financial Results of the Company for the quarter and half-year ending on 30th September 2026.

Promoter group update

• Promoter TSIPL acquired more than 20% of DIPL and UILCPL.
• DIPL holds 9,831 fully paid-up shares; UILCPL holds 1,675 fully paid-up shares (Rs 10).
• As a result, DIPL and UILCPL join Ponni Sugars' promoter group for the Sept 30, 2026 quarter.
• Letter dated September 22, 2026 informed the update.

Transaction summary

• Target Company: Ponni Sugar Erode Limited.
• Disclosing Party: ACIF-1, not promoter group.
• Transaction Type: Sale of voting rights (disposal).
• Pre-Transaction Holding: 8,13,525 shares, 9.4613%.
• Encumbrances: NIL; VRs other than shares: NIL; Warrants: NIL.
• Sale Details: 3,13,525 shares sold, 3.6463% of voting capital.
• Post-Transaction Holding: 5,00,000 shares, 5.8150%.
• Mode: Open Market.
• Date of sale/intimation: 17-08-2026.
• Equity share capital before: Rs. 8,59,84,180; after: Rs. 8,59,84,180.
• Total diluted share capital after: Not disclosed.

Key details

• Target Company: Ponni Sugars (Erode) Limited.
• Disclosing Party: Seshasayee Paper and Boards Limited; promoter group.
• Transaction Type: Acquisition of 290,000 equity shares (3.373%); open market.
• Pre-Transaction Holding: 2,781,362 shares (32.347%).
• Post-Transaction Holding: 3,071,362 shares (35.720%).
• Encumbrances: none before and after.
• Date of Acquisition: August 17, 2026.
• Equity share capital before/after: Rs 85,984,180; 8,598,418 shares.

Transaction details

• Target Company: Ponni Sugars (Erode) Limited.
• Acquirer: Seshasayee Paper and Boards Limited; promoter group.
• Transaction type: Acquisition of 290,000 equity shares via open market.
• Pre-transaction holding: 2,781,362 shares (32.347%).
• Details: 290,000 shares (3.373%) acquired; NSE; Aug 17, 2026.
• Post-transaction holding: 3,071,362 shares (35.720%).
• Date of transaction: August 17, 2026.
• Equity share capital before/after: Rs 85,984,180 (8,598,418 shares).
• Total diluted share capital: NA.

Key financial and governance disclosures

• Unaudited quarterly results for quarter ended 30 June 2026 approved by Board (with segment-wise results).
• Limited Review Report of auditors on the unaudited results.
• Extract of the format of results to be published.
• Dividend of ₹5 per equity share declared at the 3Q AGM and paid 25 June 2026.
• Total income from operations ₹9,500 lakhs; net loss after tax ₹123 lakhs for quarter ended 30 June 2026.
• EPS (basic and diluted) ₹(1.43) for the quarter ended 30 June 2026.
• Sugar revenue ₹8,389 lakhs; Co-generation ₹2,060 lakhs; total segment revenue ₹9,187 lakhs.
• Segment PBT: Sugar ₹(494) lakhs; Co-generation ₹248 lakhs; total ₹(246) lakhs.
• Audit committee reviewed; Board approved results on 24 July 2026.
• No subsidiary/associate/joint venture entities as on 30 June 2026.
• Limited Review Report by M/s S Viswanathan LLP.
• Additional tariff and interest income ₹105 lakhs recognized due to Tribunal for Electricity judgement.