The company has entered into an agreement dated 30/04/2025 to avail unsecured financial assistance.
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SBEC Sugar Limited has entered into an agreement dated April 30, 2025 with Priyadarshini Polysacks Limited to avail unsecured financial assistance of Rs. 5 Crores. The loan has a repayment schedule with a closing date of December 30, 2025. No security or collateral has been provided by SBEC Sugar for this borrowing. The transaction is not a related party transaction, and there is no shareholding between the two companies. The disclosure has been made under SEBI LODR Regulation 30 with detailed Annexure-A.
This is a modest debt raise of Rs. 5 Crores from an unrelated party on an unsecured basis, indicating the company is arranging working capital or short-term funding. The unsecured nature and lack of collateral suggest a relatively small, short-tenure facility that is unlikely to materially impact shareholder value.