BANARISUGBSEBannari Amman Sugars LtdHighNegative
Announced Sat, 13 Sept · 11:17 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kerala Alcoholic Products Pvt Ltd & PACs

Ownership Changes View source PDF

BANARISUG · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Kerala Alcoholic Products Pvt Ltd, part of the promoter group of Bannari Amman Sugars Ltd, has sold its entire holding of 4,900 equity shares (0.04% of the company's share capital) through an off-market transaction on September 11, 2025. After this disposal, the entity holds zero shares in the company. The filing was made under SEBI's Takeover Regulations by KAPL along with its Persons Acting in Concert, including promoter SV Balasubramaniam and related individuals/entities. The transaction is extremely small in value terms and does not materially alter the overall promoter group shareholding in the company.

Likely market impact

This is a negligible, housekeeping-type disposal by a small promoter-group entity and is unlikely to have any meaningful impact on the stock price or overall promoter holding of Bannari Amman Sugars. Retail investors need not be concerned as the promoter group's effective control of the company remains unchanged.