SBEC Sugar Ltd

SBEC Sugar Secures ₹250 Crore Loan from Promoter 🏦

- SBEC Sugar Ltd. has entered into an agreement with Moderate Capital and Leasing Services Limited for an unsecured inter-corporate loan.

- The loan amount is up to ₹250 crores.

- Funds will be used for working capital requirements and sugar cane dues payments.

- The loan carries an interest rate of 15% per annum and is payable on demand.

- Moderate Capital and Leasing Services Limited is a promoter of SBEC Sugar.

- The transaction is classified as a related party transaction but is stated to be at 'arms' length'.

- The agreement was executed on August 29, 2025.

- The loan is unsecured with no collateral provided.