KCP Sugar and Industries Corporation Acquires Stake in Altair Infrasec for ₹1.65 Crores

KCP Sugar & Industries Corporation Ltd. has announced a strategic acquisition following its board meeting held on January 22, 2026. The company's Board of Directors approved the purchase of shares in Altair Infrasec Private Limited, marking a significant corporate development for the Chennai-based sugar manufacturer.

Board Meeting Details

The board meeting commenced at 16:15 hours and concluded at 16:30 hours on January 22, 2026, lasting just 15 minutes. The swift conclusion indicates the straightforward nature of the acquisition proposal and unanimous board support for the investment decision.

Acquisition Specifics

The board approved the acquisition of shares in Altair Infrasec Private Limited with the following parameters:

Parameter:	Details
Number of Shares:	1,460 shares
Total Consideration:	₹1,64,55,660.00
Amount in Words:	One Crore Sixty Four Lakh Fifty Five Thousand Six Hundred Sixty
Target Company:	Altair Infrasec Private Limited

Company Background

KCP Sugar and Industries Corporation Ltd. operates as a diversified manufacturer with its registered office located at Ramakrishna Buildings, Anna Salai, Chennai. The company is a leading manufacturer of premium grade sugars, rectified spirit, anhydrous alcohol, extra-neutral alcohol, CO2, calcium lactate, bio-fertilizers, bio-compost, and mycorrhiza inoculum. Additionally, the company operates as a quality fabricator of heavy industrial machinery.

Manufacturing Operations

The company operates manufacturing facilities at two locations in Andhra Pradesh:

Vuyyuru facility: Located in Krishna District, Andhra Pradesh
Lakshmipuram facility: Also situated in Krishna District, Andhra Pradesh
Engineering Division: Based in Trichy, Tamil Nadu

Regulatory Compliance

The acquisition announcement was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed both BSE Limited (Scrip Code: 533192) and National Stock Exchange of India Ltd. (Symbol: KCPSUGIND) about this corporate action as required under regulatory guidelines.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.98%	-6.16%	-9.15%	-31.76%	-47.77%	+46.32%

KCP Sugar & Industries has reported another significant insider transaction, as disclosed under SEBI regulations for substantial acquisition of shares and takeovers. The company's Promoter and Executive Chairman, Mr. Vinod R. Sethi, has further increased his stake in the firm through a recent open market purchase.

Latest Transaction Details

Aspect:	Details
Acquirer:	Mr. Vinod R. Sethi
Position:	Promoter and Executive Chairman
Shares Acquired:	20,000 equity shares
Percentage of Total Share Capital:	0.02%
Mode of Acquisition:	Open market purchase
Date of Acquisition:	December 9, 2025
Previous Shareholding:	3,03,610 shares (0.26%)
New Shareholding:	3,23,610 shares (0.28%)

Share Capital Structure

Parameter:	Details
Total Equity Share Capital:	11,33,85,050 shares
Face Value per Share:	₹1.00
Market Classification:	Small Cap
Current Market Cap:	₹306.25 crores

Company Overview

KCP Sugar & Industries Corporation Ltd. is a diversified company with interests in sugar production, bio-fertilizers, and heavy industrial machinery fabrication. The company operates factories in Vuyyru and Lakshmipuram in Krishna District, Andhra Pradesh, and has an engineering division in Trichy, Tamil Nadu.

The company is a leading manufacturer of premium grade sugars, rectified spirit, anhydrous alcohol, extra neutral alcohol, CO2, calcium lactate, bio-fertilizers, bio-compost and mycorrhiza inoculum, along with quality fabrication of heavy industrial machineries.

Market Implications

This latest transaction represents Mr. Sethi's continued confidence in the company's prospects. The acquisition follows his previous purchase and demonstrates ongoing commitment from the company's leadership. As a key insider, his decision to consistently increase shareholding may be viewed positively by market participants.

The disclosure was made pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, ensuring transparency in insider transactions for investor awareness.