SBEC Sugar Ltd — Board Meeting, 12-08-2025: Board Meeting

SBEC Sugar Limited has approved its financial results for the quarter ended June 30, 2025. The company reported a standalone loss of Rs 23.38 Cr and a consolidated loss of Rs 26.05 Cr. Auditors highlighted that the company did not account for Rs 12.63 Cr in interest on late cane dues for the 2024-25 season, which would have increased losses. They also noted a Rs 146.86 Cr exposure to Modi Industries, with collection uncertainty, despite receiving Rs 25 Cr. Additionally, there's an ongoing legal matter concerning older cane interest dues. The company also re-appointed Mrs. Kumkum Modi as a Non-Executive Director and appointed/re-appointed auditors, all subject to shareholder approval.