REPAYMENT OF UNSECURED LOAN TAKEN FORM PRIYADARSHINI POLYSACKS LTD
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SBEC Sugar Ltd has fully repaid an unsecured loan of Rs. 10 Crores borrowed from Priyadarshini Polysacks Limited. The loan was originally taken in two tranches under agreements dated April 14, 2025, and April 30, 2025, and was repaid on January 12, 2026 — well before its term ended. After this repayment, the outstanding amount on this facility is Nil. No security or collateral was provided against the loan. The company states there is no material impact on its financials or operations from this closure.
The company has cleaned up a related-party unsecured debt, which is a positive signal of improving liquidity and debt management. Shareholders may view this as the company reducing leverage, though the amount is modest relative to typical operations.