SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

SBEC Sugar gets nod to acquire additional stake in SBEC Bioenergy

06 Nov 2023 Evaluate

SBEC Sugar has received approval to acquire 1,03,50,000 equity shares of Rs 10 each of SBEC Bioenergy from the Moderate Leasing & Capital Services at a total consideration of Rs 40.17 crore only, subject to the shareholders’ approval. The objective of acquisition is to make it wholly owned subsidiary of the Company. The Company currently holds 55% shares of SBEC Bioenergy. The Board of Directors of the Company at its meeting held on November 06, 2023, 2023 inter-alia has approved the same. 

SBEC Sugar is engaged in the manufacturing & marketing of sugar, pharmaceutical grade sugar and other speciality sugar products,e.g coffee sugar, half spoon low calorie sugar, quick dissolve sugar, flavoured sugar for tea, icing sugar for baking etc.

SBEC Sugar Share Price

29.89 -0.87 (-2.83%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×