SBEC Sugar Limited has entered into an inter-corporate loan agreement with Priyadarshini Polysacks Limited to avail unsecured financial assistance amounting to ₹5 Crores. The agreement, dated July 7, 2026, was executed to secure funds for the company, with the loan period determined by the repayment schedule. This transaction is not classified as a related party transaction, and no security has been provided by SBEC Sugar Limited against the loan.

The disclosure was submitted to BSE Ltd in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with relevant SEBI circulars. Madhur Agarwal, Company Secretary & Compliance Officer of SBEC Sugar Limited, signed the intimation on July 7, 2026, confirming the details of the arrangement.

Key Details of the Agreement

The loan agreement outlines specific terms regarding the financial assistance provided by Priyadarshini Polysacks Limited. The transaction is strictly a financial arrangement with no special rights attached, such as the appointment of directors or restrictions on capital structure.

Transaction Classification

The filing confirms that Priyadarshini Polysacks Limited holds no shareholding in SBEC Sugar Limited. Furthermore, the parties involved are not related to the promoter or promoter group in any manner. Consequently, the transaction does not fall within the scope of related party transactions and is conducted at arm's length.

SBEC Sugar Ltd has secured financial assistance worth ₹100 Cr from Longwell Investment Private Limited to support its funding requirements. The unsecured loan agreement, executed on June 19, 2026, stipulates an interest rate of 15% per annum. This borrowing is significant as it involves a promoter group entity and is structured as a related party transaction conducted on an arm's length basis.

Longwell Investment Private Limited is identified as belonging to the promoter group of SBEC Sugar Ltd. The company confirmed that no security has been provided for this loan. The repayment schedule will determine the loan period, with the closing date set according to the agreed terms.

Key Terms of the Agreement

The agreement outlines the specific financial terms and the relationship between the entities involved. The transaction does not grant the lender any special rights, such as the appointment of directors or restrictions on capital structure changes.

The company disclosed that there are no other material terms or potential conflicts of interest associated with this agreement beyond the standard loan covenants. The transaction was finalized without the issuance of shares or the provision of collateral.