- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
SBEC Sugar Limited has secured an unsecured intercorporate loan of up to Rs. 250 crore from Moderate Capital and Leasing Services Limited, a promoter entity. This capital will be utilized for general corporate purposes, including working capital requirements and sugar cane dues payments. The loan is payable on demand and carries an interest rate of 15% per annum. This funding strengthens the company's liquidity and supports ongoing operational needs, sourced through an arm's length related party transaction.