The Exchange has received the revised disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kerala Alcohonic Products Pvt Ltd & PACs
BANARISUG · price
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Awaiting price reaction for this filing.
Kerala Alcoholic Products Pvt Ltd, part of the promoter group of Bannari Amman Sugars, has submitted a revised SAST disclosure to correct a previous filing by adding the sale date. The promoter group entity sold its entire holding of 4,900 equity shares (0.04% of total share capital) in Bannari Amman Sugars on 11 September 2025 via an off-market transaction. Post-sale, the entity holds zero shares in the company. The target company's equity share capital remains Rs. 12.53 crore (1,25,39,700 shares of Rs. 10 each). The filing is essentially a correction — the original disclosure was made on 11.09.2025, and this revised version was filed on 15.12.2025 after the exchange pointed out the missing sale date.
The stake sold is negligible (0.04%) and was held by just one entity within the promoter group, so this is unlikely to materially affect shareholder value or stock price. It appears to be a routine internal promoter-group reshuffle rather than a meaningful change in promoter ownership.