B Saravanan has submitted a rectified disclosure to the stock exchanges regarding his share acquisition in Bannari Amman Sugars Limited. The revised disclosure was filed under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on December 15, 2025.

The rectification was necessitated following correspondence from the stock exchanges dated December 12, 2025, which required the insertion of the date of acquisition of shareholdings. The original disclosure was submitted on September 11, 2025.

Share Acquisition Details

B Saravanan acquired additional shares in Bannari Amman Sugars Limited through an off-market transaction. The acquisition details are presented below:

Shareholding Structure with PAC

B Saravanan acts in concert with several entities, maintaining a collective significant holding in the company. The detailed shareholding structure after the acquisition is as follows:

Target Company Information

Bannari Amman Sugars Limited maintains its equity share capital structure unchanged following the transaction:

The company's shares are listed on both the National Stock Exchange of India Limited and BSE Limited under the codes BANARISUG and 500041 respectively, with ISIN number INE459A01010.

Regulatory Compliance

The rectified disclosure ensures full compliance with SEBI regulations governing substantial acquisition of shares. B Saravanan, based in Coimbatore, has completed all necessary regulatory filings related to this share acquisition transaction, confirming his status as part of the promoter group along with other persons acting in concert.

Bannari Amman Sugars Limited , a prominent player in the Indian sugar industry, has reported a significant improvement in its financial performance for the quarter ended September 30, 2025. The company's unaudited financial results, approved by the Board of Directors on November 7, 2025, reveal substantial growth in both revenue and profitability.

Financial Highlights

Bannari Amman Sugars Limited witnessed a remarkable 180% increase in net profit, rising from ₹15.25 crores in the previous quarter to ₹42.70 crores in Q2 FY2026. This significant growth was accompanied by a 36.6% quarter-on-quarter increase in revenue from operations, which reached ₹571.65 crores compared to ₹418.62 crores in Q1 FY2026.

Segment-wise Performance

The company operates across four key segments:

1. Sugar: Contributed ₹596.18 crores to revenue
2. Power: Generated ₹150.13 crores in revenue
3. Distillery: Accounted for ₹69.45 crores in revenue
4. Granite Products: Added ₹4.93 crores to the total revenue

Half-Year Performance

For the half-year period ended September 30, 2025, Bannari Amman Sugars reported a net profit of ₹57.95 crores, marking a 42.4% increase from ₹40.70 crores in the same period last year. This improvement in profitability demonstrates the company's resilience and operational efficiency in the face of market challenges.

Balance Sheet Highlights

As of September 30, 2025, the company's financial position remains robust:

• Total Assets: ₹2,180.33 crores
• Total Equity: ₹1,821.66 crores
• Current Assets: ₹975.89 crores, including inventories of ₹771.53 crores

Conclusion

Bannari Amman Sugars Limited's strong performance in Q2 FY2026 reflects its ability to capitalize on market opportunities and maintain operational efficiency. The significant growth in net profit and revenue, coupled with a diverse revenue stream from multiple segments, positions the company well in the Indian sugar and related industries.

Investors and market observers may keep a close watch on the company's performance in the coming quarters, particularly given the seasonal nature of the sugar industry and its sensitivity to regulatory and climatic factors.