SBEC Systems India Ltd Approves Rs. 2.80 Crores Term Loan for Solar Power Unit
New Delhi, April 14, 2026 – SBEC Systems (India) Limited announced on April 14, 2026, that its Board of Directors approved the sanction letter for a term loan facility.During the Board meeting held on the date, the directors sanctioned a term loan of Rs. 2.80 Crores from SVC Co-operative Bank Limited. This funding is earmarked for the installation of a Solar Power Unit.
Following the approval, the Company will enter into a Term Loan Agreement to avail the facility amounting to Rs. 2.80 Crores.
The Board meeting commenced at 11:10 A.M. and concluded at 01:00 P.M.
Stock Price Movement
SBEC Systems India Ltd. slipped to ₹19.00 on Monday, ending the day down 5.00% for the session. Throughout trading, the shares saw movement across a range from ₹19.00 to a high of ₹19.38.Source:
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