SBEC Sugar shares surge 10% after UPPCB nod for plant capacity expansion

Shares of SBEC Sugar rallied 10% on December 16 after the company received consent to establish (CTE) from the Uttar Pradesh Pollution Control Board (UPPCB) for expanding its plant capacity to 10,000 TCD.

The approval was granted under the Water (Prevention and Control of Pollution) Act, 1974 and the Air (Prevention and Control of Pollution) Act, 1981, as amended. This development marks a significant step forward in SBEC Sugar’s growth strategy, allowing the company to scale its operations to meet increasing production demands.

The expansion aligns with stringent environmental regulations and highlights SBEC’s commitment to sustainable growth while ensuring compliance with pollution control norms.

The company officially communicated this update to the exchanges as per SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

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