SBEC Sugar Ltd

SBEC Sugar Secures ₹40 Crore Loan from Arka Fincap 💼

- SBEC Sugar Limited secured a ₹40 crore loan from Arka Fincap Limited

- Loan purpose: Payment of long-term raw material suppliers (creditors)

- Loan tenor: Up to 5 years from first disbursement

- Security includes charge over all fixed assets and cash flows via hypothecation

- Additional security: Personal guarantees from Mr. Umesh Kr. Modi and Mr. Abhishek Modi

- Exclusive charge over a management consultancy contract included

- No related party transactions involved

- Agreement executed on June 27, 2025