Parvati Sweetners & Power Limited has reported a significant change in its shareholding pattern as a promoter group member makes a substantial acquisition of shares.

Key Highlights

• Pooja Shree Chouksey, a promoter group member, acquired 27,21,000 shares
• The acquisition represents 1.82% of the company's voting rights
• The purchase was made through open market transactions on September 19, 2025
• Prior to this acquisition, Chouksey held no shares in the company

Transaction Details

Pooja Shree Chouksey, identified as a Person Acting in Concert (PAC) with the promoter group of Parvati Sweetners & Power Limited, has made a significant move in the company's shareholding. On September 19, 2025, Chouksey acquired 27,21,000 shares of the company through open market purchases. This acquisition represents 1.82% of the total voting rights of the company.

Regulatory Compliance

The company has duly reported this transaction in compliance with Regulation 29(2) of the Securities and Exchange Board of India (SEBI) Substantial Acquisition of Shares and Takeovers Regulations, 2011. The disclosure was filed with the BSE Limited on September 24, 2025.

Shareholding Impact

Company Capital Structure

The acquisition does not affect the company's total equity share capital, which remains unchanged at 14,91,43,817 shares with a face value of Rs 5 each. This figure represents both the total voting capital and the diluted share capital of the company.

Parvati Sweetners & Power Limited continues to maintain its registered office in Bhopal, Madhya Pradesh. The company operates in the sweeteners and power sector, with its factory located in Gwalior district.

Parvati Sweetners & Power , a key player in the sweeteners industry, has reported a significant downturn in its financial performance for the first quarter. The company's unaudited financial results, approved by the Board of Directors on August 12, reveal a stark contrast to its performance in the same period last year.

Sharp Revenue Decline

The company's revenue saw a dramatic fall of 90.40%, plummeting to Rs 27.61 crore from Rs 291.86 crore in the same quarter of the previous year. This substantial decrease in revenue highlights the challenging market conditions faced by the company during the quarter.

Significant Net Loss

Parvati Sweetners reported a net loss of Rs 350.26 crore for the quarter, a stark reversal from the profit of Rs 2.67 crore recorded in the same quarter of the previous year. This considerable loss underscores the financial strain the company is currently experiencing.

Negative EBITDA Margin

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) margin turned negative at -129.40%, compared to a positive 5.90% in the corresponding quarter of the previous year. This negative margin indicates significant operational challenges and increased costs relative to revenue.

Financial Position

As of March 31, Parvati Sweetners reported a paid-up equity share capital of Rs 74.57 crore. The company's reserves, excluding revaluation reserves, stood at Rs 2,128.54 crore.

Quarterly Performance Overview

The table above clearly illustrates the extent of the financial downturn experienced by Parvati Sweetners in the current quarter compared to the same period in the previous year.

Management Approval

The Board of Directors of Parvati Sweetners & Power approved these standalone unaudited results in their meeting held on August 12. As per the regulatory requirements, the company has submitted these results to the stock exchanges.

Investors and stakeholders will be closely watching the company's future performance and any strategic measures it may implement to address the current financial challenges.