SBEC Sugar Ltd Secures Inter-Corporate Loan of Rs 5 Crores from Priyadarshini Polysacks Limited
SBEC Sugar Ltd has entered into an inter corporate loan agreement with Priyadarshini Polysacks Limited to avail financial assistance. The agreement was executed on July 7, 2026.The transaction involves SBEC Sugar Ltd receiving unsecured financial assistance from Priyadarshini Polysacks Limited. Under the terms of the agreement, the total amount of financial assistance is Rs 5 Crores (Five Crores Rupees Only). The loan period is defined by the closing date as per the repayment schedule.
Key details regarding this loan transaction are summarized below:
| Aspect | Detail |
|---|---|
| Lender | Priyadarshini Polysacks Limited |
| Purpose of Loan | To avail financial assistance (Unsecured) |
| Loan Amount | Rs 5 Crores (Five Crores Rupees Only) |
| Security Provided | None |
| Related Party Status | Neither party is related to the promoter or promoter group. |
The agreement confirmed that the transaction does not fall under a related party transaction. Furthermore, there were no restrictions placed on parties regarding special rights, such as the right to appoint directors or first right to share subscription in case of any subsequent issuance of shares by SBEC Sugar Ltd.
Stock Price Movement
SBEC Sugar Ltd is gaining strength at 11:22 AM, with shares currently trading at ₹75.00, reflecting a strong climb of 4.24%. The stock has seen considerable movement today, bouncing between an intraday low of ₹68.36 and a high reaching ₹75.54.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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