BSEInsider Trading / SAST2d ago · 18 Aug 2026, 11:24 am

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ACIF 1

Ponni Sugars (Erode) Ltd · 532460

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Ponni Sugars (Erode) Ltd has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ACIF 1. ACIF-1 has acquired 5,00,000 shares of Ponni Sugars (Erode) Ltd, increasing its holding to 5.8150% of the total voting capital.

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Earnings Impact2/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk4/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment5/10

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Ponni Sugars (Erode) Ltd - 532460 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

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D408AE44_0ACF_45AD_9E42_3AFA7F4434D6_112414.pdf

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ANNEXURE – 2 Name of the Target Company (TC) Ponni Sugar Erode Limited Name(s) of the acquirer and Persons Acting in Concert ACIF-1 (PAC) with the acquirer Whether the acquirer belongs to Promoter/Promoter NO group Name(s) of the Stock Exchange(s) where the shares of National Stock Exchange & Bombay Stock Exchange TC are Listed Details of the acquisition / disposal as follows Number % w.r.t. total share/voting % w.r.t. total Capital wherever Diluted applicable(*) share/voting capital of the TC (**) Before the acquisition under consideration, holding of : a)Shares carrying voting rights 8,13,525 9.4613% NA b)Shares in the nature of encumbrance (pledge/ lien/ NIL NA NA non-disposal undertaking/ others) c)Voting rights (VR) otherwise than by shares NIL NA NA d)Warrants/convertible securities/any other NIL NA NA instrument that entitles the acquirer to receive shares carrying voting rights in the T C (specify holding in each category) e)Total (a+b+c+d) 8,13,525 9.4613% NA Details of sale f)Shares carrying voting rights sold 3,13,525 3.6463% NA g)VRs acquired /sold otherwise than by shares NIL NA NA h)Warrants/convertible securities/any other NIL NA NA instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold i)Shares encumbered / invoked/released by the NIL NA NA acquirer j)Total (a+b+c+/-d) 3,13,525 3.6463% NA After the acquisition/sale, holding of: e)Shares carrying voting rights 5,00,000 5.8150% NA f)Shares encumbered with the acquirer NIL NA NA g)VRs otherwise than by shares NIL NA NA h)Warrants/convertible securities/any other NIL NA NA instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition i)Total (a+b+c+d) 5,00,000 5.8150% NA Mode of acquisition / sale (e.g. open market / off- Open Market market / public issue / rights issue / preferential allotment / inter-se transfer etc). Date of sale of shares / VR or date of receipt of 17-08-2026 intimation of allotment of shares, whichever is applicable Equity share capital / total voting capital of the TC Rs.8,59,84,180 before the said acquisition / sale Equity share capital/ total voting capital of the TC after Rs.8,59,84,180 said acquisition / sale Total diluted share/voting capital of the TC after the - said acquisition Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC. Signature of the acquirer Kamalam Rungapadiachy Atyant Capital India Fund I Place: C/O IQ EQ Fund Services (Mauritius) Ltd, 33 Edith Cavell Street Port Louis Mauritius 11324 Date: 17 August 2026