SBEC Sugar Ltd. Approves Q3 Results, Settles Outstanding Dues with Modi Industries

SBEC Sugar Ltd. has approved the un-audited financial results for the quarter ended 31st December 2025. The company has also appointed Mr. Anil Kumar Goel as Company Secretary and Compliance Officer. Furthermore, SBEC Sugar Ltd. has settled its outstanding dues with Modi Industries Limited under a One-Time Settlement (OTS) scheme for a total consideration of Rs. 141,77,38,548. The company had received an advance of Rs. 25.00 crore from MIL in December 2024. After adjusting the said advance, the OTS amount receivable from MIL stood at ‘ Rs.116,77,38,548/- as on 31.12.2025. In January 2026, the Company received an aggregate amount of Rs.34.50 crore from MIL. Accordingly, the total outstanding amount receivable from MIL as on date stands at Rs. 59.50 crore, excluding accrued interest.