SBEC Sugar Ltd

📢 SBEC Sugar Open Offer: Key Details & Tax Implications You Should Know

- Open Offer: 1,23,90,009 shares (26% stake) at ₹21.19/share (₹10 base + ₹11.19 interest)

- Tendering Period: October 28, 2025 – November 12, 2025

- Total offer consideration: ₹26.25 crore (25% escrow deposited)

- LTCG tax: 12.5% (exceeding ₹1.25L/year) + surcharge/cess; no indexation

- STCG tax: 20% for listed shares + surcharge/cess

- NRIs: 12.5% LTCG, 20% STCG + surcharge/cess

- FIIs: 20% STCG, 12.5% LTCG (exceeding ₹1.25L) + surcharge/cess

- No TDS for resident shareholders; FIIs/FPIs exempt under Section 196D

- SBEC Sugar's financials: Net loss of ₹(2338.35) lacs (June 2025), negative net worth

- Acquirer + PACs currently hold 65.12%; post-offer could reach 91.12%

- 10% interest payable from Identified Date (Sept 16, 2014) for accepted shares

- Settlement within 10 working days post-tendering period

- Marketable lot: 1 share; partial/full participation allowed

- No minimum acceptance condition or lock-in restrictions

- Physical shareholders must submit docs by closing date