Acquisitions24 Oct 2025, 02:10 pm
3Dimension Capital to Acquire 26.00% Stake in SBEC Sugar for INR 21.19 Per Share
AI Summary
3Dimension Capital Services Ltd, along with other parties, has announced an Open Offer to acquire up to 1,23,90,009 fully paid-up Equity Shares of SBEC Sugar Limited at a price of INR 21.19 per share, representing 26.00% of the total paid-up Equity share Capital. The Offer is made pursuant to and in compliance with the SEBI (SAST) Regulations.
Key Highlights
- 3Dimension Capital Services Ltd and others to acquire up to 26.00% stake in SBEC Sugar Limited
- Offer Price set at INR 21.19 per Equity Share
- Total consideration of INR 26,25,44,291
- Offer made in compliance with SEBI (SAST) Regulations
- Offer Opening Advertisement and Corrigendum published in Financial Express, Jansatta, and Mumbai Lakshadeep