Ponni Sugars (Erode) Limited (PONNIERODE) — Announcement | 29 April 2026

29 April 2026 · NSE 🔴 High Importance Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

Ponni Sugars (Erode) disclosed receipt of a GST and Central Excise demand cum show cause notice dated April 28, 2026 alleging wrongful input tax credit claims and non-payment of GST on certain services related to its co-generation power plant. The company maintains the demands are legally untenable and will respond appropriately while pursuing legal recourse. This regulatory action introduces potential compliance costs but the company assesses no material financial impact.

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About Ponni Sugars (Erode) Limited (PONNIERODE)

Fast Moving Consumer Goods · Sugar · Listed on NSE

Market Cap: ₹330.14 CrP/E: 6.7ROE: 8.7%ROCE: 16.3%Div Yield: 1.30%

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📊 More PONNIERODE filings

Announcement — 28 September 2026Ponni Sugars (Erode) Ltd announced a trading window closure effective October 1, 2026, through Octob...
🟡 Shareholding Pattern — 22 September 2026Ponni Sugars (Erode) Ltd disclosed that promoter Time Square Investments Private Limited acquired ov...
🟡 Board Meeting — 24 July 2026The board approved unaudited Q1 FY26 results showing revenue of **₹96 crores**, net loss of **₹153 l...
share transfer — 3 July 2026Ponni Sugars (Erode) Limited received a SEBI-mandated certificate from its RTA, Cameo Corporate Serv...
Financial Results — 26 June 2026Ponni Sugars (Erode) Limited announced that its designated persons and immediate relatives are prohi...

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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