Announced Mon, 4 May · 16:03 IST

Intimation for receiving balance amount under One Time Settlement agreement entered by Company with Modi Industries Limited on February 03, 2026

Debt RestructuredDebt PrepaidCredit & Debt View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+1.4%1-day move

₹30.57

prior close

—

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————+1.4+1.4-3.2-1.7-3.5-5.1-4.7+78.6+135.4—

Up moveDown movePending

AI summary

SBEC Sugar Ltd has received the full and final balance payment from Modi Industries Limited under a One Time Settlement (OTS) agreement. The original debt amount was Rs. 141.77 crore (Rs. 141,77,38,548/-), which the company had assigned earlier. The OTS agreement was signed on February 03, 2026. With this payment, the company confirms that there are no dues outstanding from Modi Industries Limited, including principal, interest, charges, or any other expenses. The filing is dated May 04, 2026.

Likely market impact

This settlement resolves a significant outstanding receivable for SBEC Sugar, effectively removing a large NPA from its books and improving the company's financial position and cash flow.