Insider Trading5 May 2026, 05:41 pm
Sakthi Sugars: Promoter Acquires 1.68 Cr Shares via Inter Se Transfer
AI Summary
Sakthi Sugars Ltd. announced that M Manickam, a promoter, acquired 1,68,60,000 equity shares (14.18%) at ₹15.96 each, totaling ₹26,90,85,600, from ABT Investments (India) Private Limited, a promoter group company. The transaction occurred on May 4, 2026, through an inter se transfer and off-market transaction, as per SEBI (Prohibition of Insider Trading) Regulations, 2015.
Key Highlights
- M Manickam acquired 1,68,60,000 Sakthi Sugars shares.
- The acquisition represents 14.18% of Sakthi Sugars' equity.
- Shares were acquired at ₹15.96 each, totaling ₹26.90 Cr.
- The transaction was an inter se transfer from ABT Investments.
- The acquisition was conducted off-market on May 4, 2026.
Price Impact
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