Sakthi Sugars Limited has informed the Exchange regarding 'Disclosure under Regulation 7(2)(a) of SEBI ( PIT) Regulations 2015'.
SAKHTISUG · price
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Promoter Dr. M. Manickam acquired 1.68 crore equity shares (14.18%) from ABT Investments (India) Private Limited, another promoter group entity. The acquisition was done through an off-market inter se transfer on May 4, 2026, at Rs. 15.96 per share, amounting to Rs. 26.91 crore. After the transaction, M. Manickam's holding increased from 1.61% to 15.79% of the company's equity shares. ABT Investments' holding decreased from 55.93% to 41.75% as a result of this sale. Both transactions were disclosed to the stock exchanges on May 5, 2026.
This represents a significant reshuffling of promoter group shareholding, consolidating more shares directly in the hands of a key promoter. The off-market nature indicates a private transfer between related entities rather than a public market transaction.