SBEC Sugar Ltd
🚀 SBEC Systems & PACs Launch Open Offer for 26% Stake in SBEC Sugar at ₹21.19/Share
- Open Offer to acquire up to 1,23,90,009 equity shares (26.00% of voting share capital) of SBEC Sugar Limited at INR 21.19 per share.
- Total consideration for the Open Offer amounts to INR 26,25,44,291.
- Acquirer and PACs' shareholding in SBEC Sugar Limited will increase from 65.12% to 91.12% post-offer.
- Public shareholding in SBEC Sugar Limited will decrease from 34.88% to 8.88% post-offer.
- Offer opens on October 28, 2025, and closes on November 12, 2025.
- Payment of consideration scheduled for November 26, 2025.
- Offer is pursuant to a Supreme Court Order dated March 04, 2025, with specific conditions for shareholder eligibility.
- 3Dimension Capital Services Limited is the Manager to the Offer.
- Beetal Financial & Computer Service is the Registrar to the Offer.
- Post-Offer Advertisement published in Financial Express, Jansatta, and Mumbai Lakshadeep newspapers.