SAKHTISUGNSESakthi Sugars Limited· SugarLowNeutral
Announced Fri, 10 Apr · 11:21 IST

M. Manickam has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Ownership Changes View source PDF

SAKHTISUG · 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 14 horizons · vs prior close
+13.1%1-day move
₹16.40
prior close
₹16.69
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+1.2+1.1+0.7+13.1+13.7+11.6+11.6+11.4+12.2+19.6+15.9+4.9+2.1
Up moveDown movePending
AI summary

M. Manickam, Chairman and Managing Director and Promoter of Sakthi Sugars Limited, has submitted a declaration to BSE and NSE confirming that neither he nor persons acting in concert have created any new share encumbrances (pledges) during the financial year ended March 31, 2026. This is a routine regulatory compliance filing under SEBI regulations. The disclosure specifically states that no encumbrances have been made beyond what was previously disclosed, effectively a negative declaration for the period.

Likely market impact

This is a positive signal for shareholders as it indicates promoters have not pledged additional shares during the year. No new encumbrances means reduced risk of forced selling by promoters and indicates stable promoter holding.