Prudential Sugar Corporation
18.13
-0.07(-0.38%)
Market Cap₹58.47 Cr
PE Ratio10.07
Company Performance:
1D-0.38%
1M+49.83%
6M-33.90%
1Y-59.19%
5Y-39.36%
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More news about Prudential Sugar Corporation
13Nov 25
Prudential Sugar Corporation Approves Rs 53.1 Crore Investment for 76% Stake in Senatla EV Products
Prudential Sugar Corporation Limited (PSCL) is set to acquire a 76% stake in Senatla EV Products and its holding company for Rs 53.10 crore. The board approved the conversion of an MOU into a Share Subscription Agreement, authorizing the purchase of 50,00,000 shares from Senatla EV Products and 3,10,000 shares from its holding company. PSCL also reported improved financial results for Q2 and H1 ended September 30, with consolidated net profit after tax reaching Rs 148.78 crore and Rs 288.84 crore respectively. Auditors noted pending reconciliations and legal cases with unascertainable impacts.
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24Sept 25
VAB Ventures Reduces Stake in Prudential Sugar Corporation
VAB Ventures, a promoter of Prudential Sugar Corporation Limited, sold 4,00,000 equity shares in the open market on September 23, 2025. This reduced their shareholding from 27.64% to 26.40%. The total number of shares held by VAB Ventures decreased from 89,13,038 to 85,13,038. The company made necessary disclosures under SEBI regulations.
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11Sept 25
Prudential Sugar Corporation Ventures into EV Sector with Rs 4 Crore Strategic Investment
Prudential Sugar Corporation Limited is diversifying into the electric vehicle sector by acquiring a 76% stake in Senatla Innovative EV Components Private Limited for Rs 4.00 crores. The investment involves subscribing to 31,66,666 new equity shares at Rs 12.64 per share, with payments scheduled in three tranches until December 31, 2025. Senatla Innovative, a manufacturer of electric two-wheelers and three-wheelers, projects monthly turnovers of Rs 5.00 crores by March 2026 and Rs 10.00-15.00 crores by March 2027. The acquisition is set to complete by December 31, 2025, following due diligence.
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13Aug 25
Prudential Sugar Corporation Reports Mixed Q1 Results with Revenue Decline and Profit Growth
Prudential Sugar Corporation Limited announced its Q1 unaudited financial results, showing a mixed performance. The company's standalone revenue decreased by 76% to ₹838.43 crore, down from ₹3,493.96 crore in the same quarter last year. However, standalone net profit after tax surged by 638% to ₹128.57 crore, up from ₹17.42 crore. Consolidated revenue for Q1 was ₹854.59 crore with a net profit of ₹140.07 crore. The company's Board acknowledged an NSE advisory letter regarding non-compliance with certain SEBI regulations and committed to ensuring prompt compliance in the future.
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29Jul 25
Prudential Sugar Corporation Rectifies Shareholding Details in EGM Notice
Prudential Sugar Corporation Limited (PSCL) has issued a clarification regarding an error in its Extra-Ordinary General Meeting (EGM) notice for a proposed preferential issue of equity shares. The company corrected the shareholding details of Mr. Sanyam Dugar, a non-promoter allottee, which were inadvertently omitted in the original notice. The correction shows Mr. Dugar's pre-issue holding as 4,000 shares (0.01%), with a proposed allotment of 100,000 shares, resulting in a post-issue holding of 104,000 shares (0.23%). PSCL emphasized that the omission was unintentional and expressed commitment to maintaining accurate disclosures in the future.
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1 Year Returns:-59.19%
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