Prudential Sugar Corporation Limited , a promoter of Prudential Sugar Corporation Limited, has reduced its shareholding in the company through a significant stock sale. The transaction, which took place on September 23, 2025, involved the sale of 4,00,000 equity shares in the open market.

Transaction Details

VAB Ventures' stake in Prudential Sugar Corporation has decreased from 27.64% to 26.40% as a result of this sale. Here's a breakdown of the transaction:

The sale was executed on the open market, with the total equity share capital of Prudential Sugar Corporation remaining unchanged at 3,22,52,000 equity shares of Rs. 10 each.

Regulatory Compliance

In compliance with regulatory requirements, VAB Ventures has made the necessary disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Form C under Regulation 7 of SEBI (Prohibition of Insider Trading) Regulations, 2015.

The company informed the stock exchanges about this transaction on September 24, 2025, adhering to the mandated timelines for such disclosures.

Impact on Shareholding Structure

While the sale represents a reduction in VAB Ventures' stake, it's important to note that the company remains a significant shareholder and promoter of Prudential Sugar Corporation. The transaction does not appear to have resulted in any change in control or management of the target company.

This move by VAB Ventures could be part of their portfolio management strategy, but as is standard in such transactions, the specific reasons for the sale were not disclosed in the regulatory filings.

Investors and market participants will likely monitor any further changes in the shareholding pattern of Prudential Sugar Corporation, as well as any potential impact on the company's stock price and market dynamics.

Prudential Sugar Corporation Limited , a company traditionally known for its sugar business, is making a significant move into the electric vehicle (EV) sector. The company has announced a strategic investment in Senatla Innovative EV Components Private Limited, a manufacturer of electric two-wheelers and three-wheelers.

Key Details of the Acquisition

• Prudential Sugar Corporation has signed a Memorandum of Understanding (MoU) to acquire a 76% equity stake in Senatla Innovative EV Components Private Limited.
• The investment is valued at approximately Rs 4.00 crores.
• The acquisition will be made through the subscription of 31,66,666 new equity shares at Rs 12.64 per share.
• The payment is scheduled to be made in three tranches, to be completed by December 31, 2025.

About Senatla Innovative EV Components

Senatla Innovative EV Components Private Limited is currently engaged in the manufacturing and sale of electric two-wheelers and three-wheelers. The company has established a sales and distribution network in Telangana, Andhra Pradesh, and Tamil Nadu, with plans for further expansion.

Financial Projections

Senatla Innovative has set ambitious growth targets following this investment:

• Projected monthly turnover of Rs 5.00 crores by March 2026
• Anticipated monthly turnover of Rs 10.00-15.00 crores by March 2027

Ownership Structure Post-Acquisition

Upon completion of the acquisition:

• Prudential Sugar Corporation Limited will hold a 76% stake in Senatla Innovative
• The original promoter, Senatla EV Products Private Limited, will retain a 24% ownership

Strategic Implications

This move marks a significant diversification for Prudential Sugar Corporation, venturing into the rapidly growing electric vehicle market. The investment aligns with the increasing focus on sustainable transportation solutions and could potentially open new revenue streams for the company.

Due Diligence and Completion Timeline

• Due diligence is scheduled to be completed by September 30, 2025
• The first tranche of payment is expected by October 31, 2025
• The second tranche is due by November 30, 2025
• The final payment and completion of the acquisition are set for December 31, 2025

This strategic investment by Prudential Sugar Corporation Limited represents a bold step into the EV sector, potentially positioning the company to capitalize on the growing demand for electric vehicles in India.