Seshasayee Paper Acquires 3.37% Stake in Ponni Sugars

Seshasayee Paper and Boards Limited has acquired 2,90,000 equity shares, representing 3.373% of the capital, in Ponni Sugars (Erode) Limited. The acquisition, totaling 3.373% of the company's capital, was made through open market purchases on August 17, 2026. Following this transaction, Seshasayee Paper and Boards Limited's total holding in Ponni Sugars (Erode) Limited increased from 32.347% to 35.720%. The face value of each share is Rs. 10/-, and the total equity share capital of Ponni Sugars (Erode) Limited before and after the acquisition remains Rs. 8,59,84,180.