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About SBEC Systems (India)
Incorporated as a private limited company in Dec.'87, SBEC Systems (India) was converted into a public limited company in Jan.'93. It wwas promoted jointly by U K Modi and SBEC Systems, UK. SBEC Systems, UK, which holds a 40% stake also provides the necessary technical expertise.
The company was set up as a service organisation for providing engineering and technical management services to the Indian sugar industry. It gradually moved from consultancy services to providing equipment based on their designs on a selective basis.
The company came out with a public issue in Nov.'93 to set up a workshop to undertake fabrication/assembling of equipment for sugar industry in Modinagar, Uttar Pradesh.
SBEC Systems has promoted a new company under the name of SBEC Sugar in the Meerut district of Uttar Pradesh.
During 1996-97 the company's performance suffered a set back compared to the previous year mainly due to delay in commissioning of sugar project of SBEC Sugar Ltd., and Co-generation project of SI-AL SBEC Bioenergy Pvt Ltd.
Sugar and Co-generation plants promoted by the company have reported encouraging results during 2000-01.
Parent Organisation
MNC Associate
Managing Director
Vijay K Modi
Founded
1987
NSE Symbol
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10th July, 2024
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What is the share price of Sbec Systems India Ltd (Sbec Systems India Ltd) shares?
Sbec Systems India Ltd (Sbec Systems India Ltd) share price as of October 11, 2024, on NSE is Rs 44.69 (NSE) and Rs 44.69 (BSE) on BSE.
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