Sakthi Sugars Holding Company Status Ceases After 14.18% Stake Transfer

ABT Investments transferred 16.86 million shares to Chairman Dr. M. Manickam, reducing its stake from 55.93% to 41.75%.
The transaction results in ABT Investments ceasing to be Sakthi Sugars' holding company per SEBI Takeover Regulations.
Sakthi Sugars Limited becomes an associate company of ABT Investments following this ownership restructuring.