Ponni Sugars (Erode) Ltd

Transaction summary

• Target Company: Ponni Sugar Erode Limited.
• Disclosing Party: ACIF-1, not promoter group.
• Transaction Type: Sale of voting rights (disposal).
• Pre-Transaction Holding: 8,13,525 shares, 9.4613%.
• Encumbrances: NIL; VRs other than shares: NIL; Warrants: NIL.
• Sale Details: 3,13,525 shares sold, 3.6463% of voting capital.
• Post-Transaction Holding: 5,00,000 shares, 5.8150%.
• Mode: Open Market.
• Date of sale/intimation: 17-08-2026.
• Equity share capital before: Rs. 8,59,84,180; after: Rs. 8,59,84,180.
• Total diluted share capital after: Not disclosed.

Key details

• Target Company: Ponni Sugars (Erode) Limited.
• Disclosing Party: Seshasayee Paper and Boards Limited; promoter group.
• Transaction Type: Acquisition of 290,000 equity shares (3.373%); open market.
• Pre-Transaction Holding: 2,781,362 shares (32.347%).
• Post-Transaction Holding: 3,071,362 shares (35.720%).
• Encumbrances: none before and after.
• Date of Acquisition: August 17, 2026.
• Equity share capital before/after: Rs 85,984,180; 8,598,418 shares.

Transaction details

• Target Company: Ponni Sugars (Erode) Limited.
• Acquirer: Seshasayee Paper and Boards Limited; promoter group.
• Transaction type: Acquisition of 290,000 equity shares via open market.
• Pre-transaction holding: 2,781,362 shares (32.347%).
• Details: 290,000 shares (3.373%) acquired; NSE; Aug 17, 2026.
• Post-transaction holding: 3,071,362 shares (35.720%).
• Date of transaction: August 17, 2026.
• Equity share capital before/after: Rs 85,984,180 (8,598,418 shares).
• Total diluted share capital: NA.

Key financial and governance disclosures

• Unaudited quarterly results for quarter ended 30 June 2026 approved by Board (with segment-wise results).
• Limited Review Report of auditors on the unaudited results.
• Extract of the format of results to be published.
• Dividend of ₹5 per equity share declared at the 3Q AGM and paid 25 June 2026.
• Total income from operations ₹9,500 lakhs; net loss after tax ₹123 lakhs for quarter ended 30 June 2026.
• EPS (basic and diluted) ₹(1.43) for the quarter ended 30 June 2026.
• Sugar revenue ₹8,389 lakhs; Co-generation ₹2,060 lakhs; total segment revenue ₹9,187 lakhs.
• Segment PBT: Sugar ₹(494) lakhs; Co-generation ₹248 lakhs; total ₹(246) lakhs.
• Audit committee reviewed; Board approved results on 24 July 2026.
• No subsidiary/associate/joint venture entities as on 30 June 2026.
• Limited Review Report by M/s S Viswanathan LLP.
• Additional tariff and interest income ₹105 lakhs recognized due to Tribunal for Electricity judgement.

Meeting Details

• Date set for 24 July 2026; time and venue not disclosed.

Key Agenda Items

• Board to consider unaudited financial results for quarter ended 30 June 2026.

Other Notes

• No trading window closure period disclosed; no other material actions noted.

Dematerialisation processing and listing

• Dematerialisation requests received during quarter ended 30 June 2026 were confirmed to depositories and listed on exchanges.
• Physical dematerialisation certificates were mutilated and cancelled after verification; depository's name substituted as registered owner within prescribed timeline.

KYC update and dividend details

• KYC/PAN updation required for physical shareholders to receive FY2025-26 dividend electronically.
• Letter issued on 01.07.2026 to identified physical holders requesting PAN, KYC, postal address, mobile, and bank details.
• Dividend of Rs 5 per equity share for FY2025-26 approved by shareholders at AGM on 24.06.2026.
• If KYC not provided, dividend will remain in the Dividend Bank Account.
• Forms available on Ponni Sugars website and Cameo portal; submissions to Cameo Corporate Services Limited.
• Queries via Online Investor Portal or call 044-28460390.