Ponni Sugars (Erode) Promoter Reclassification
Ponni Sugars (Erode) Ltd notified that two entities, DIPL and UILCPL, will join the Promoter Group following an acquisition by Promoter entity TSIPL.
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Ponni Sugars (Erode) Ltd notified that two entities, DIPL and UILCPL, will join the Promoter Group following an acquisition by Promoter entity TSIPL.
ACIF-1 sold a 3.65% stake in Ponni Sugars (Erode) Limited through open market operations. The non-promoter entity's holding reduced from 9.46% to 5.82%.
Seshasayee Paper and Boards Limited acquired 2,90,000 equity shares of Ponni Sugars (Erode) Limited for Rs. 10.15 Crore. This open-market purchase increases its stake to 35.72%.
Ponni Sugars (Erode) Ltd reported revenue from operations of ₹91.9 Cr (+52.2% YoY) and a net loss of ₹1.2 Cr for Q1 FY27.
Ponni Sugars (Erode) will hold a board meeting on July 24, 2026. The board will consider unaudited financial results for the June 2026 quarter.