SBEC Sugar MD, chairman, board of directors and AGM
BSE: 532102Agricultural Food & other ProductsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹65.00.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹285 Cr2,502nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 14 Aug 2026
- 5.3
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹100 crore of one-off items, the largest of them in the quarter to Mar 2026.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 29 May 2026
- 1.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the latest balance sheet's; the one a year before is not on record. The filing of 14 Aug 2026
- 32.2%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹100 crore of one-off items, the largest of them in the quarter to Mar 2026.
- −27.8%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 14 Aug 2026
- −0.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 29 May 2026
- 1.63
- Volume, BSEVolume. Shares traded on the last trading day.
- 5,059
SBEC Sugar board of directors
At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.
- ChairpersonUmesh Kumar Modi
- Company Secretary and Compliance OfficerMADHUR AGARWAL
12 directors6 independent1 executive5 non-executive
- Umesh Kumar Modi · ChairpersonNon-executive · joined Feb 1995 · reappointed Apr 2024 · 2 listed boards · 1 committee seat
- Kumkum ModiNon-executive · joined May 2000 · reappointed Sep 2025 · 2 listed boards
- Abhishek ModiNon-executive · joined May 2000 · reappointed Nov 2023 · 2 listed boards
- Jayesh ModiNon-executive · joined Sep 2010 · 2 listed boards
- Vijay Kumar ModiNon-executive · joined Feb 2015 · reappointed Sep 2023 · 2 listed boards · 4 committee seats, 2 as chair
- Mohi KumariIndependent · joined Aug 2022 · reappointed Aug 2022 · 47 months as independent · 2 listed boards · 2 as independent
- Ajay Kumar AggarwalIndependent · joined Sep 2023 · reappointed Sep 2023 · 35 months as independent · 3 listed boards · 3 as independent · 6 committee seats, 5 as chair
- Pramod Kumar GuptaIndependent · joined Nov 2023 · reappointed Nov 2023 · 32 months as independent · 2 listed boards · 2 as independent · 4 committee seats
- Rohit ChawdharyIndependent · joined Sep 2024 · reappointed Sep 2025 · 22 months as independent · 2 listed boards · 2 as independent
- Adhish SharmaIndependent · joined Sep 2024 · reappointed Sep 2025 · 22 months as independent · 2 listed boards · 2 as independent · 1 committee seat
- Preeti AggarwalIndependent · joined Sep 2024 · reappointed Sep 2025 · 22 months as independent · 2 listed boards · 2 as independent
- Vipin KumarExecutive · joined Aug 2024 · reappointed Aug 2024 · 1 listed board
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 29 May 20267 of 12 present4 independent · 107 days in between
- 10 Feb 20268 of 12 present5 independent
Audit Committee
Chair Ajay Kumar Aggarwal
Vijay Kumar Modi, Pramod Kumar Gupta, Adhish Sharma
- 29 May 20263 of 4 present2 independent · 107 days in between
- 10 Feb 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Pramod Kumar Gupta
Vijay Kumar Modi, Ajay Kumar Aggarwal
- 29 May 20263 of 3 present2 independent · 107 days in between
- 10 Feb 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Vijay Kumar Modi
Pramod Kumar Gupta, Ajay Kumar Aggarwal
No meeting listed in the filing.
SHARE TRANSFER COMMITTEE
Chair Umesh Kumar Modi
Abhishek Modi, Vijay Kumar Modi, Ajay Kumar Aggarwal
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- Doogar & AssociatesNo peer-review certificate stated
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
SBEC Sugar AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.SBEC Sugar share news and announcements
Annual general meeting, 29 Sep 2026
6,189 shareholders on the register on 22 Sep 2026; present: 4 promoters and 56 others; votes counted by SONIYA GUPTA / SONIYA GUPTA & ASSOCIATES.The company's voting result (opens in a new tab)
- Adoption of Standalone and Consolidated Financial StatementsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 80.62% · promoters 99.56% · institutions 0.00% · other public 48.02%
- Re-appointment of Smt. Kumkum Modi (DIN: 00522904) as DirectorOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 80.62% · promoters 99.56% · institutions 0.00% · other public 48.02%
- Re-appointment of Sh. Jayesh Modi (DIN: 02849637) as DirectorOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 80.62% · promoters 99.56% · institutions 0.00% · other public 48.02%
- Authorization for Material Related Party Transactions with related partiesOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 80.62% · promoters 99.56% · institutions 0.00% · other public 48.02%
- Rectification/Approval Of The One-Time Settlement Agreement With Modi Industries LimitedOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 80.62% · promoters 99.56% · institutions 0.00% · other public 48.02%
- Ratification of Remuneration to Cost AuditorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 80.62% · promoters 99.56% · institutions 0.00% · other public 48.02%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes
Reported in the filing for the quarter to Jun 2026.
- Tax disputeUP VAT DepartmentSince 29 Apr 2015Appeal filed before Honble' High Court Allahabad by Commercial Tax Department against order passed by the Member Commercial Tax, Tribunal, Meerut
- Tax disputeCentral Excise DepartmentSince 7 Jan 2003Appeal Allowed by way of remand by CESTAT, Delhi on 23.01.2009At the filing before: Pending Before Commissioner Central Excise, Meerut-1 for demand
- Tax disputeCentral Excise DepartmentSince 31 Jan 2007Appeal Allowed by way of remand by CESTAT, Delhi on 25.09.2014At the filing before: Appeal Allowed by way of remand by CESTAT, Delhi
- Tax disputeCentral Excise DepartmentSince 6 Aug 2013Appeal Allowed by way of remand by CESTAT, Delhi on 25.09.2014At the filing before: Appeal Allowed by way of remand by CESTAT, Delhi
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.