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SBEC Sugar LtdImportant, 14-10-2025: Company Update

14-10-2025 | 06:17 pm

SBEC Sugar's promoter group, led by SBEC Systems, has launched a mandatory open offer to acquire up to 26% of the company's shares (1.24 Crore shares) at ₹21.19 per share. This offer, totaling ₹26.25 Crore, includes a 10% annual interest component as directed by a Supreme Court order, stemming from a past shareholding breach. The tendering period for public shareholders runs from October 28 to November 12. If fully accepted, the promoter's stake would significantly rise to over 91%. An independent directors' committee will provide its view on the offer.

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