SBEC Sugar Ltd
📢 SBEC Sugar Ltd: Key Updates on Equity Share Allotment & Listing Timeline
- Allocation to QIBs (excl. Anchor Investors): 6,15,000 shares at ₹127/share to 2 applicants.
- Anchor Investors: 9,25,000 shares at ₹127/share (total ₹11.72 Cr).
- Market Makers allotted 1,62,000 shares at ₹127/share.
- Board approved Basis of Allotment on Oct 15, 2025; notices dispatched by Oct 16.
- Shares to credit to demat accounts & list on BSE SME within 3 working days post-closure.
- Allotment details available at www.maashitla.com.
- Open Offer by SBEC Systems (India) Ltd: 1.24 Cr shares (26% stake) at ₹21.19/share (incl. ₹11.19 interest).
- Independent Directors deem Open Offer price fair per SEBI norms.
- Prospectus & risk factors available on SEBI, BSE, and company websites.
- Equity shares not registered under US Securities Act; no offers to US persons without exemption.