Bannari Amman Sugars Limited — Important, 04-06-2025: Updates

Bannari Amman Sugars received a revised demand notice of Rs. 1.44 Cr from Tamil Nadu Power Distribution Corporation for past start-up power charges, down from an earlier Rs. 8.69 Cr demand that included interest. The current demand excludes interest, though calculation discrepancies persist. The company is working with authorities to rectify these errors, and the final financial impact is yet to be determined.