SBEC Sugar Ltd

SBEC Sugar Open Offer: Key Details & Financial Insights 🏭📊

- Acquirer & PACs currently hold 65.12% of SBEC Sugar; targeting 91.12% post-offer

- Open offer for 1,23,90,009 shares (26% stake) at ₹21.19/share

- Total consideration: ₹26.25 Cr (includes 10% interest per Supreme Court order)

- Tendering period: Oct 28 - Nov 12, 2025

- Escrow account holds ₹6.56 Cr (25% of offer consideration)

- SBEC Sugar declared sick company in 2014 with operating losses

- Pending tax disputes range from ₹7.24 lakhs to ₹150.88 lakhs

- PACs show stable financials with net worth up to ₹29.62 Cr

- No major regulatory actions against acquirer/PACs except settlement application

- Tax implications vary: LTCG at 12.5% (with STT), STCG at 20%

- Shareholders to receive 10% interest for delay period (since 2014)

- No minimum acceptance condition for offer to proceed