Shareholding5 May 2026, 06:11 pm
Sakthi Sugars: M. Manickam Acquires 1.68 Cr Shares Via Inter-Se Transfer
AI Summary
M. Manickam, part of the Promoter Group of Sakthi Sugars Ltd, acquired 1,68,60,000 equity shares (14.18%) of the company on May 4, 2026, through an off-market inter-se transfer from ABT Investments (India) Private Limited, another entity within the Promoter Group. This transaction falls under the exemption provided by Regulation 10(1)(a)(ii) of the SEBI SAST Regulations. The aggregate holding of the promoter and promoter group remains unchanged after the transaction. Post-acquisition, M. Manickam's total holding stands at 1,87,74,200 shares, representing 15.79% of the total share capital.
Key Highlights
- M. Manickam acquired 1,68,60,000 Sakthi Sugars shares via inter-se transfer.
- The acquisition represents 14.18% of Sakthi Sugars' equity shares.
- Transaction exempt under SEBI SAST Regulations due to promoter group transfer.
- Post-acquisition, M. Manickam holds 15.79% of Sakthi Sugars.
- Aggregate holding of promoter and promoter group remains the same.
Price Impact
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