SAKTHI SUGARS LTD. - 507315 - Announcement under Regulation 30 (LODR)-Conversion of Securities
We wish to inform that as per the terms of issue, the right of conversion or claim of holders of Foreign Currency Convertible Bonds (Series A) of face value of USD 1.00 million has expired on 30th May 2019. This information is given pursuant to Regulation 30 of the SEBI (LODR) Regulations 2015. Sakthi Sugars Ltd - 507315 - Reg.24(A)-Annual Secretarial Compliance
Annual Secretarial Compliance Report Sr. No. Particulars Details 1Period for which the report has been issued 31/03/2019 2Date of Report27/05/2019 3 Name of the Certifying Firm M/s.S.Krishnamurthy & Co. 4 Name of the Certifying Individual Mr.R.Sivasubramanian 5Membership TypeACS 6 Membership Number 22289 7 CP No. 12052 8 Whether any observations/qualification reported by the Secretarial Auditor ? NO Sakthi Sugars Ltd - 507315 - Outcome of Board Meeting
We wish to inform you that the Board of Directors of the Company at its meeting held today (28.5.2019) has, inter alia, approved a. Revised Code for Fair Disclosure of Unpublished Price Sensitive Information ('the Code') of the Company pursuant to SEBI (Prohibition of Insider Trading) Regulations 2015, as amended. A copy of the revised Code is enclosed as required under Regulation 8(2) of the said Regulations. b. Sale of the Company's yet to complete Cogeneration Unit-II assets at Sakthinagar, subject to approval of banks and financial institution, for augmenting resources to pay secured creditors. There will not be any adverse effect to the Company as the above assets are still under work-in-progress and not commissioned. c. To keep the Modakurichi Factory inoperative during the financial year 2019-20 in view of inadequate availability of sugarcane due to drought condition and to reduce the cost of operations. There will not be any adverse impact on account of this as the entire cane available will be crushed in Sakthinagar Sugar Factory. This information is given pursuant to the requirement of Regulation 30 of the SEBI (LODR) Regulations 2015. SAKTHI SUGARS LTD. - 507315 - Audited Financial Results For The Quarter And Year Ended 31St March 2019 And Declaration Regarding Unmodified Opinion Of The Statutory Auditors.
We wish to inform that the Board of Directors of the Company at its meeting held today (28.5.2019) has approved, inter alia, the Audited Financial Results of the Company for the quarter and year ended 31st March 2019. Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing the following: 1. Audited Financial Results of the Company (Standalone) for the quarter and year ended March 31, 2019 together with Segment Results and Statement of Assets and Liabilities. 2. Report of the Statutory Auditors, M/s. P.K.Nagarajan & Co., Coimbatore on the Audited Financial Results. 3. Declaration regarding unmodified opinion of the Statutory Auditors, M/s. P.K.Nagarajan & Co. The meeting of the Board of Directors of the Company commenced at 12.00 Noon and concluded at 1.30 PM. We request you to take the above on records. SAKTHI SUGARS LTD. - 507315 - Board Meeting Intimation for Board Meeting For Considering Audited Financial Results For The Quarter And Year Ended 31.3.2019 And Intimation Of Closure Of Trading Window
SAKTHI SUGARS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2019 ,inter alia, to consider and approve A meeting of the Board of Directors of the Company has been convened on Tuesday, 28th May 2019 at the Head Office of the Company at 180, Race Course Road, Coimbatore - 641 018, inter alia, to consider and approve audited Financial Results of the Company for the quarter and year ended 31st March 2019. Pursuant to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and in terms of the Company's Code of Conduct for Prevention of Insider Trading, the Trading Window will be closed with immediate effect till 30th May 2019 for Directors, Designated Persons as defined in the Code, Connected Persons and others who are in possession of or having access to unpublished price sensitive information of the Company. SAKTHI SUGARS LTD. - 507315 - Pursuant To Regulation 40(9) & (11) -1.10.2018 To 31.3.2019
Pursuant to Regulation 40(9) & (11) of the Listing Regulations we send herewith a copy of the certificate issued by M/s.Sriram Sharanya & Associates, Practicing Company Secretaries, pertaining to transfers, transmissions and transpositions of equity shares of the Company for the half-year period from 1st October 2018 to 31st March 2019. Sakthi Sugars Ltd - 507315 - Format of Initial Disclosure to be made by an entity identified as a Large Corporate
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompaySAKTHI SUGARS LTD. 2CININE623A01011 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 0 4Highest Credit Rating during the previous FY 0 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Mr.S.Baskar Designation: Senior Vice President & Company Secretary EmailId: baskar@sakthisugars.com Name of the Chief Financial Officer: Mr.C.R.Sankar Designation: Chief Financial Officer EmailId: sankarcr@sakthisugars.com Date: 22/04/2019 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. Sakthi Sugars Ltd - 507315 - Compliances-Certificate under Reg. 54 (5) of SEBI (DP) Regulations, 1996
Based on the certificate received from Link Intime India Private Limited, Registrar and Transfer Agent of the Company, we hereby certify that the securities received for dematerialisation have been mutilated and cancelled after due verification and the name of the depository has been substituted in our records as the registered owner within 30 days of receipt of the certificate of security. Further, we hereby certify that the securities which were dematerialised are listed on the Stock Exchanges where the earlier issued securities are listed. We request you to take this information on record. Sakthi Sugars Ltd - 507315 - Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for ABT Investments (India) Pvt Ltd