SAKTHI SUGARS LTD. - Consent for redemption of FCCB (Series B) USD 2.90 Mn. by a Bondholder

Sakthi Sugars Ltd has informed BSE that one of the holders of FCCB (Series-B) has agreed for settlement of his bonds aggregating to USD 2,900,000 at 75% of the face value of the Bonds i.e. at USD 2,175,000 on or before June 30, 2016.