Prudential Sugar Corporation News

Prudential Sugar Corporation Independent Director Resigns

Ms. Shilpa Bung resigned as Non-Executive Independent Director of Prudential Sugar Corporation Limited effective February 13, 2026, citing professional commitments as ICSI Hyderabad Chapter Chairperson.

VAB Ventures Sells 4 Lakh Equity Shares of Prudential Sugar Corporation

VAB Ventures Limited sold 4,00,000 equity shares of Prudential Sugar Corporation Limited through open market transactions. The sale reduced VAB Ventures' shareholding from 89,13,038 shares (27.64%) to 85,13,038 shares (26.40%) in Prudential Sugar Corporation. VAB Ventures is identified as a promoter of Prudential Sugar Corporation. The transaction was executed on the open market, with Prudential Sugar Corporation's total equity share capital remaining at 3,22,52,000 equity shares of Rs. 10 each. The company has disclosed this transaction in compliance with regulatory requirements.

Prudential Sugar Corporation Reports Q1 FY2026 Results with 26% Decline in Revenue

Prudential Sugar Corporation Limited announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. The company reported standalone revenue of ₹838.43 lakhs compared to ₹3,493.96 lakhs in the same quarter last year, marking a significant decline. Net profit after tax stood at ₹128.57 lakhs versus ₹17.42 lakhs in the previous year quarter. On a consolidated basis, total revenue was ₹854.59 lakhs with net profit of ₹140.07 lakhs. The board meeting was held on August 13, 2025, where directors approved the financial statements and auditors' review report. The company also acknowledged an advisory letter from NSE regarding non-compliance under SEBI regulations and committed to ensuring prompt compliance in future.