Sakthi Sugars Limited has notified stock exchanges of an upcoming Board of Directors meeting scheduled for Monday, May 25, 2026, at its registered Head Office located at 180, Race Course Road, Coimbatore – 641 018. The meeting has been convened to consider and approve the audited financial results of the company for the quarter and year ended March 31, 2026. The intimation was issued on May 18, 2026, and is in compliance with SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The key details of the scheduled board meeting are summarised below:

Regulatory Compliance

The board meeting intimation has been submitted to both BSE Limited and the National Stock Exchange of India Limited, as required under applicable listing regulations. The notice was signed by S. Venkatesh, Company Secretary of Sakthi Sugars, and filed pursuant to Regulation 29 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to provide advance notice to stock exchanges prior to board meetings where financial results are to be considered.

Sakthi Sugars Limited has disclosed a significant change in its corporate structure following an inter se transfer of equity shares between its promoter and a promoter group company. Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Regulation 7(2)(a) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, the company informed BSE Limited and the National Stock Exchange of India Limited that ABT Investments (India) Private Limited has ceased to be its holding company, with Sakthi Sugars now reclassified as an associate company of ABT Investments (India) Private Limited. The disclosures were filed on 5th May 2026 by the Company Secretary, S. Venkatesh.

Transaction Overview

Dr. M. Manickam, Chairman and Managing Director and one of the promoters of Sakthi Sugars Limited, acquired 1,68,60,000 equity shares representing 14.18% of the company from ABT Investments (India) Private Limited, a promoter group company. The transaction was executed on 4th May 2026 through an inter se transfer and off-market transaction at a price of Rs.15.96 per share, amounting to a total consideration of Rs.26,90,85,600. The acquisition was made in reliance upon the exemption provided under Regulation 10(1)(a)(ii) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which exempts inter se transfers amongst promoters and promoter group companies from the obligation to make an open offer.

The key details of the transaction are summarised below:

Change in Corporate Structure

Consequent to the transfer of 1,68,60,000 equity shares, the shareholding of ABT Investments (India) Private Limited in Sakthi Sugars Limited reduced from 55.93% to 41.75% of the paid-up equity share capital. As a result of this reduction, ABT Investments (India) Private Limited has ceased to be the holding company of Sakthi Sugars Limited, and Sakthi Sugars Limited has accordingly become an associate company of ABT Investments (India) Private Limited. This structural change was disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Change in Shareholding — Acquirer (M. Manickam)

As a result of this acquisition, M. Manickam's shareholding in Sakthi Sugars Limited has changed as follows:

Change in Shareholding — Transferor (ABT Investments (India) Private Limited)

ABT Investments (India) Private Limited, formerly known as A B T (Trichy) Private Limited, reported the following change in its holding following the inter se transfer:

SEBI PIT Regulations — Continual Disclosures (Form B)

Pursuant to Regulation 7(2)(a) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, both M. Manickam and ABT Investments (India) Private Limited submitted separate intimations to the Company Secretary under Regulation 4(1) of the said regulations and filed continual disclosures in Form B with the stock exchanges. M. Manickam, in his intimation, confirmed the acquisition of 1,68,60,000 equity shares at Rs.15.96 each amounting to Rs.26,90,85,600 from ABT Investments (India) Private Limited on 4th May 2026 through an inter se transfer and off-market transaction. ABT Investments (India) Private Limited similarly confirmed the disposal of the same 1,68,60,000 equity shares at Rs.15.96 each amounting to Rs.26,90,85,600 to M. Manickam on 4th May 2026. Both disclosures confirm the trade was executed on NSE and BSE. No derivative transactions were reported by either party in connection with this inter se transfer.

Regulatory Disclosures and Compliance

In terms of Regulation 10(6) of the SEBI Takeover Code, M. Manickam filed a formal report with the stock exchanges confirming the completion of the acquisition. A prior disclosure under Regulation 10(5) was also made and filed with the stock exchanges on 17.04.2026, within the prescribed timeline. The Regulation 10(6) disclosure under the SEBI Takeover Code was filed by M. Manickam directly with the stock exchanges from Coimbatore on 5th May 2026.