Indian Sucrose Limited has announced a special facility for shareholders to re-lodge transfer requests for physical shares that were previously rejected or returned. The initiative follows a regulatory directive from the Securities and Exchange Board of India (SEBI) aimed at easing investment processes for retail investors.

SEBI Regulatory Framework

The facility is established under SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, titled "Ease of Doing Investment – Special Window for Transfer and Dematerialisation of Physical Securities." The circular opens a special one-year window to facilitate transfer and dematerialisation of physical securities which were sold or purchased prior to April 01, 2019.

Eligible Transfer Requests

The special window covers physical securities transactions that were rejected, returned, or not attended due to deficiency in documents or processes. Investors who faced difficulties in completing share transfers due to documentation issues or procedural gaps can now resubmit their requests with complete documentation.

Processing Through Registrar and Transfer Agent

Concerned investors may re-lodge transfer deeds and furnish necessary documents to the company's Registrar and Transfer Agent (RTA). All documents must be duly complete in all respects for processing.

Company Communication

Indian Sucrose Limited has published newspaper advertisements in English and Hindi newspapers to inform shareholders about this facility. The information is also hosted on the company's website at www.muksug.in for easy access by investors.

The company's communication, signed by Company Secretary Anamika Raju and Chairman Cum Managing Director Kunal Yadav, emphasizes compliance with SEBI regulations and aims to facilitate smooth processing of pending physical share transfers for eligible investors.

Indian Sucrose Limited has delivered impressive Q3FY26 financial results, with net profit surging 135% year-on-year to ₹673 lakh compared to ₹286 lakh in Q3FY25. The sugar manufacturer's revenue from operations also showed robust growth of 54%, reaching ₹7,974 lakh against ₹5,168 lakh in the corresponding quarter of the previous fiscal year.

Strong Quarterly Performance Across Key Metrics

The company's quarterly performance demonstrated significant improvement across multiple financial parameters. Total income, including other income, reached ₹8,424 lakh compared to ₹5,649 lakh in Q3FY25, representing a substantial increase of 49%.

Profit before tax increased to ₹738 lakh from ₹386 lakh in Q3FY25, while total expenses rose to ₹7,686 lakh from ₹5,264 lakh, primarily driven by higher cost of materials consumed.

Segment-wise Revenue Analysis

The company operates through two primary segments - sugar and cogeneration. The sugar segment generated revenue of ₹8,906 lakh in Q3FY26, while the cogeneration segment contributed ₹1,799 lakh. After adjusting for inter-segment revenue of ₹2,731 lakh, the net segment revenue totaled ₹7,974 lakh.

Nine-Month Performance Overview

For the nine-month period ended December 31, 2025, Indian Sucrose Limited reported net profit of ₹501 lakh compared to ₹237 lakh in the corresponding period of FY25, marking an increase of 111%. However, revenue from operations for the nine-month period declined to ₹20,255 lakh from ₹23,323 lakh in the previous year.

Regulatory Compliance and Tax Settlement

The company has applied for the "One Time Settlement Scheme for recovery of outstanding dues 2025" of Government of Punjab, Department of Excise and Taxation. Indian Sucrose Limited deposited ₹1,716.54 lakh (including ₹699.41 lakh deposited under protest in earlier years) against demands pertaining to FY1997-98 to 2011-12 with Cane Value Added Tax and Sales Tax department.

Board Approval and Publication

The financial results were approved by the Board of Directors at their meeting held on February 12, 2026, following recommendation from the Audit Committee. In compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, the company published its standalone unaudited financial results in Financial Express (English daily) and Jansatta (Hindi daily) on February 12, 2026.

The company maintains its paid-up equity share capital at ₹1,738 lakh with a face value of ₹10 per share. The company's sugar and power segments being seasonal in nature, the quarterly performance may not be representative of annual performance.