SBEC Sugar has received an Allahabad High Court order directing the Collector, District Baghpat, to execute a recovery certificate against the company within two months.

This action pertains to outstanding sugarcane dues for the 2024-25 crushing season.

The company clarified that this order will not impact its financial operations or other activities, as the outstanding dues have already been accounted for in its books.

This indicates the issue is anticipated and provisioned, limiting new financial exposure for shareholders.