Shareholding5 May 2026, 06:21 pm
Sakthi Sugars: ABT Investments' Stake Reduced to 41.75%
AI Summary
ABT Investments (India) Private Limited transferred 1,68,60,000 equity shares of Sakthi Sugars Limited to Dr. M. Manickam. Consequently, ABT Investments' shareholding in Sakthi Sugars decreased from 55.93% to 41.75%. As a result, ABT Investments (India) Private Limited has ceased to be the Holding company of Sakthi Sugars Limited, and the Company has become an Associate company of ABT Investments (India) Private Limited.
Key Highlights
- ABT Investments transfers 1,68,60,000 Sakthi Sugars shares to Dr. M. Manickam.
- ABT Investments' stake in Sakthi Sugars reduces to 41.75% from 55.93%.
- ABT Investments ceases to be the Holding company of Sakthi Sugars.
- Sakthi Sugars becomes an Associate company of ABT Investments.
Price Impact
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