ALPHA TRIBE

SBEC Sugar LtdImportant, 12-11-2025: Company Update

12-11-2025 | 04:58 pm

SBEC Sugar's Board reviewed the financial results for the quarter and half-year, reporting a consolidated loss of Rs 54.63 Cr. A major concern flagged by auditors is the non-provision of Rs 20.80 Cr for cane dues interest and Rs 146.86 Cr for interest on a debt to Modi Industries, which affects the company's financial health due to collection uncertainty. Additionally, the Company Secretary and Compliance Officer resigned. Shareholders should note these significant financial and operational updates.

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