Ponni Sugars (Erode) Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

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PONNIERODE · price

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

Price reactionminutes from the announcement price · days from the prior close

-3.9%Reaction day

₹334.00

prior close

₹323.50

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-3.7% vs market

Sugar peers, median of 27sector-0.5%-3.4% vs sector

On the reaction day the stock moved 3.7 pts less than Nifty Microcap 250 and 3.4 pts less than its Sugar peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.7

10m

-1.1

15m

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30m

-0.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.9-0.2-3.7-0.5-3.4

Next day

-4.5-0.2-4.3-0.6-3.9

-5.4-0.4-4.9-1.1-4.3

-9.4-0.7-8.6-2.3-7.1

-10.2-2.6-7.6-3.3-6.9

-13.6-3.8-9.8-4.8-8.9

-8.7-2.0-6.6-4.8-3.9

15d

-16.3-6.1-10.2-8.5-7.8

-13.2-3.4-9.8-6.0-7.1

-13.2-2.2-11.0-7.0-6.2

-15.0-3.1-11.9-9.7-5.3

UpDownMarket · Nifty Microcap 250Sector · Sugar peers, median of 27Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Ponni Sugars has informed the exchanges about an order from the Tamil Nadu Electricity Regulatory Commission (TNERC) dated July 17, 2025. The company had filed a petition seeking a refund of Rs. 3.01 crores in excess charges paid for start-up power, based on a previous TNERC order from December 2023. The TNERC registry had earlier returned the petition on technical grounds, but TNERC has now directed the registry to take it up as a Miscellaneous petition. The opposing parties are Tamil Nadu Green Energy Corporation Limited (TNGECL) and its officials. The decision on maintainability is in favor of the company, while the actual refund issue will be decided in due course.

Likely market impact

This is a procedural win for the company as its petition has been admitted for hearing, but the actual Rs. 3.01 crore refund is still pending TNERC's final order. Shareholders should treat this as a positive but not material development until the final outcome is known.