SBEC Sugar Ltd

SBEC Sugar Ltd Reaches ₹141.77 Crore Settlement with Modi Industries Limited 🤝

- Settlement agreement signed on February 3, 2026

- Total settlement amount: ₹141,77,38,548

- Settles dues recoverable from Modi Industries Limited

- Transaction involves assignment of Modi Industries' debt previously taken by SBEC Sugar

- Related party transaction due to common directors

- Conducted at arm's length terms