SAKHTISUGNSESakthi Sugars Limited· SugarMinimalNeutral
Announced Tue, 5 May · 17:38 IST

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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▲ 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
-1.8%1-day move
₹19.62
prior close
₹20.18
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7-1.0-0.7-0.1-1.8-4.2-3.2-8.6-6.5-10.1-7.0-10.4-12.8
Up moveDown movePending
AI summary

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.

Likely market impact

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.