The company has entered into an agreement dated 14th April, 2025 with Priyadarshini Polysacks Limited to avail unsecured financial assistance
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SBEC Sugar Ltd has entered into an agreement dated April 14, 2025 with Priyadarshini Polysacks Limited to avail unsecured financial assistance of Rs. 5 crores. The loan is repayable by November 1, 2025, and no security or collateral has been provided by the company. The lender is not a related party, and no special rights such as board appointment or share subscription have been granted. The filing is made under SEBI LODR Regulation 30 for material agreements.
The company has raised short-term working capital of Rs. 5 crores through an unsecured loan, which adds to its debt obligations but is relatively small in size. Shareholders should note the increased borrowings and the short repayment timeline of about 7 months.