SBEC Systems (India) Limited Enters into Rs 2.80 Crore Term Loan Agreement with SVC Co-Operative Bank

2 min read     Updated on 04 May 2026, 10:21 PM
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SBEC Systems (India) Limited has entered into a term loan agreement with SVC Co-Operative Bank Ltd for Rs 2.80 Crores on May 4, 2026. The secured corporate term loan will be utilized for setting up a solar power generation unit. The company holds 50,900 equity shares in the bank at Rs 10 each. The loan is secured against solar equipment including mono-crystalline modules, inverters, mounting structures, and ancillary parts, along with a personal guarantee from Umesh Kumar Modi.

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SBEC Systems (India) Limited has entered into a term loan agreement with SVC Co-Operative Bank Ltd to avail a Rupee Term Loan facility amounting to Rs 2.80 Crores. The agreement was executed on May 4, 2026, and the disclosure was made in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The secured corporate term loan will be utilized for setting up a solar power generation unit. The total loan amount granted is Rs 2.80 Crores, with the agreement executed on May 4, 2026. The company holds 50,900 equity shares at the rate of Rs 10 each in SVC Co-Operative Bank Ltd.

Key Details of the Agreement

Sr. No. Particulars Disclosures
1 Name of the Party SVC Co-Operative Bank Limited
2 Purpose Corporate Term Loan for Solar Power Generation unit
3 Size of Agreement Rs. 2.80 Crores
4 Shareholding 50,900 equity shares at Rs 10 each
5 Related Party No
6 Related Party Transaction No

Security Details

The loan is secured against specific assets and guarantees. The security includes mono-crystalline modules of 590 Wp capacity, 100-110 KW solar string inverters (9 units), complete module mounting structure sets, and other ancillary parts used in the solar plant setup. Additionally, a personal guarantee has been provided by Umesh Kumar Modi.

The disclosure confirms that the parties are not related to the promoter or promoter group, and the transaction does not fall within related party transactions. The company has requested the stock exchange to take the disclosure on record.

Historical Stock Returns for SBEC Systems

1 Day5 Days1 Month6 Months1 Year5 Years
-0.11%+4.76%+4.94%-23.53%-3.57%+288.67%

How will the solar power generation unit impact SBEC Systems' operational costs and energy self-sufficiency over the next 3-5 years?

Could this initial solar investment signal a broader renewable energy strategy for SBEC Systems, potentially leading to larger capital expenditures or additional green financing?

How might SBEC Systems' existing shareholding in SVC Co-Operative Bank influence its future borrowing relationships or financing terms with the lender?

SBEC Systems Opens Special Window for Physical Share Transfer Re-lodgement

1 min read     Updated on 25 Apr 2026, 10:48 PM
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SBEC Systems (India) Limited has opened a special window from February 5, 2026 to February 4, 2027 for re-lodgement of physical share transfer requests, following SEBI circular guidelines. The facility covers shares sold or purchased prior to April 1, 2019 and includes previously rejected or unprocessed requests. Transferred shares will be credited in dematerialized form only with a one-year lock-in period. The company has published the notification in Financial Express and Hari Bhoomi newspapers on April 24, 2026.

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SBEC Systems (India) Limited has announced the opening of a special window for the re-lodgement of transfer requests for physical shares, in compliance with recent SEBI guidelines. The initiative aims to facilitate shareholders who missed earlier deadlines for physical share transfers.

Special Window Details

Pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026, the company has opened a special window for a period of one year. The key parameters of this facility are outlined below:

Parameter: Details
Window Period: February 5, 2026 to February 4, 2027
Duration: One year
Eligible Shares: Physical shares sold/purchased prior to April 1, 2019
Transfer Mode: Mandatory dematerialized form only
Lock-in Period: One year from transfer registration date

Facility Coverage

The special window facility is available for transfer requests that were previously submitted but faced processing issues. This includes requests that were:

  • Rejected due to document deficiencies
  • Returned for procedural issues
  • Not processed for other technical reasons

Transfer Conditions

Shares transferred under this special window will be subject to specific conditions. The transferred shares will be mandatorily credited to the transferee only in dematerialized form and will remain under lock-in for one year from the date of registration of transfer. During this lock-in period, such securities cannot be transferred, lien-marked, or pledged.

Public Notification

The company has published details of the SEBI circular for information of the general public and shareholders in newspapers Financial Express (English) and Hari Bhoomi (Hindi), edition dated Friday, April 24, 2026. The information is also made available on the company's website at www.sbcsystems.in .

Submission Process

Shareholders are requested to re-lodge their cases with all related documents to the Share Transfer Agent (RTA) on or before February 4, 2027. The submissions should be made to M/s Beetal Financial & Computer Services Pvt. Ltd., located at Beetal House, 3rd Floor, 99, Madangir, Behind Local Shopping Centre, Near Dada Harsukhdas Mandir, New Delhi-110062, with email contact at beetalrta@gmail.com .

The company emphasizes that this facility provides an opportunity for shareholders who were unable to complete their physical share transfers within previous deadlines to regularize their holdings in compliance with current SEBI regulations.

Historical Stock Returns for SBEC Systems

1 Day5 Days1 Month6 Months1 Year5 Years
-0.11%+4.76%+4.94%-23.53%-3.57%+288.67%

Will SEBI extend similar special windows to other companies with pending physical share transfer issues?

How might the one-year lock-in period impact SBEC Systems' share liquidity and trading volumes?

What percentage of SBEC Systems' shareholding is expected to be regularized through this special window facility?

More News on SBEC Systems

1 Year Returns:-3.57%