Business Update24 Feb 2024, 01:13 am
SBEC Sugar Ltd Repays Loan of Rs. 201 Crores Releases Mortgage
AI Summary
The company has repaid its entire loan of Rs. 201 crores along with interest to U.P. Co-operative Bank Limited, releasing the mortgage on its assets and immovable properties. This is a significant achievement for the company and may have positive implications for its future financial performance.,
Key Highlights
- Repaid loan of Rs. 201 crores
- Release of mortgage on assets and immovable properties
- Positive financial performance