Corrigendum to our intimation intimation made on 5th May, 2025.
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SBEC Sugar Ltd has issued a corrigendum to its earlier intimation dated 5th May 2025, correcting the name of the lender. The unsecured financial assistance of Rs. 5 crore was availed from Pristine Industries Limited (a group company of Priyadarshini Polysacks Ltd.), not from Priyadarshini Polysacks Ltd. as originally stated. The loan is unsecured, carries no special rights, and is not a related party transaction. The loan tenure runs until 31 January 2026, and SBEC Sugar has not provided any security for the borrowing.
This is a minor correction with no material change to the substance of the borrowing; the Rs. 5 crore unsecured loan remains intact and the correction clarifies that the lender is a group entity of Priyadarshini Polysacks Ltd.