Appointment of Mr. Anil Kumar Goel as Company Secretary and Compliance Officer of the Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
SBEC Sugar reported a standalone loss of Rs 20.59 crores for Q3 FY26 (Dec 2025), wider than the Rs 25.54 crores loss in Q2 but narrower than Rs 21.43 crores loss a year ago. Nine-month standalone loss stood at Rs 69.51 crores on revenue of Rs 381.65 crores, compared to Rs 57.26 crores loss last year. Consolidated nine-month loss was Rs 71.93 crores with EPS of Rs (15.09). The company has not provisioned Rs 27.05 crores of interest on late cane payments, which is sub-judice. The Board approved appointment of Mr. Anil Kumar Goel (existing CFO) as Company Secretary and Compliance Officer. It also ratified a One-Time Settlement of Rs 141.77 crores with related party Modi Industries Limited for debt assignment dues, booking a settlement loss of Rs 5.09 crores; Rs 59.50 crores remains outstanding as of date with 8% interest.
Continued quarterly losses and widening year-on-year losses signal ongoing stress, with the cane interest dispute (Rs 27+ crores unprovided) remaining a key overhang. The OTS settlement with related party Modi Industries provides some clarity on receivables, but Rs 59.50 crores still outstanding and the related-party nature (common directors) is a governance flag for shareholders.