NSEUpdates4 Aug 2026 · 4 Aug 2026, 04:54 pm

Updates

Bannari Amman Sugars Limited · BANARISUG

✦ AI SummaryRegulatory

Bannari Amman Sugars Limited has informed the Exchange regarding 'Interim Stay grant by Madras High Court' in a recovery proceedings initiated by the District Collector, Erode under the Revenue Recovery Act, 1864 for recovery of Rs.12,72,30,170/- towards tax and interest.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk8/10
Balance Sheet Risk3/10
Liquidity Impact6/10
Market Sentiment5/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Bannari Amman Sugars Limited has informed the Exchange regarding 'Interim Stay grant by Madras High Court'.

Attachments (1)

📄

BANARISUG_04082026165248_StayOrderIntimation04082026.pdf

pdf

Download →
View document text
BANNARI AMMAN SUGARS LIMITED Regd. Office : 1212, Trichy Rood Coimbatore - 641 01 8 Tamilnodu India Phone : 91 - 422 - 2204100 Fox : 2309999 (Soles) 2204222 [Purchase] 2204233 (Accounts) E-Moil : bascbe@bannori.com Website : www.bonnori.com C1N : L15421TZ1983PLC001358 SEC/ MAIL /2026 04.08.2026 National Stock Exchange of India Ltd Bombay Stock Exchange Limited Exchange Plaza Phiroze Jeejeebhoy Towers' C-1, Block G Dalal Street Bundera-Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400051 NSE CODE : BANARISUG BSE CODE : 500041 lSlN No. : INE459A01010 ISIN No. : INE459A01010 Dear Sirs, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 This is in continuation of our disclosure dated 02.07.2026 regarding the recovery proceedings initiated by the District Collector, Erode under the Revenue Recovery Act, 1864 for recovery of Rs.12,72,30,170/- towards tax and interest alleged to be payable under the Tamil Nadu Tax on Consumption or Sale of Electricity Act, 2003. We wish to inform you that the Company challenged the aforesaid proceedings before the Hon’ble High Court of Judicature at Madras by filing Writ Petition and the Hon’ble High Court, by its order dated 30.07.2026, has been pleased to grant an interim stay of the impugned proceedings dated 22.06.2026. The Company will continue to pursue the matter before the Hon’ble High Court and shall keep the Stock Exchanges informed of any further material developments. This disclosure is being made pursuant to Regulation 3O of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Kindly take the above information on record. Thanking you, Yours faithfully, For BANNARI AMMAN SUGARS LIMITED (c PALANISWAMY) COMPANY SECRETARY & COMPLIANCE OFFICER