Loan & Debt26 Jun 2025, 12:18 pm
SBEC Sugar Ltd. Secures Rs. 40 Crores Loan from Arka Fincap Limited
AI Summary
The Board of Directors of SBEC Sugar Ltd. approved a sanction letter and other documents for a loan of Rs. 40 crores from Arka Fincap Limited. The loan will be used for payment of long term raw material suppliers (creditors) of the company. The meeting was held on June 26, 2025, and it started at 11:00 A.M. and concluded at 11:45 A.M.
Key Highlights
- SBEC Sugar Ltd. has secured a loan of Rs. 40 crores from Arka Fincap Limited.
- The loan will be used for payment of long term raw material suppliers (creditors) of the company.
- The approval was given at the Board of Directors meeting held on June 26, 2025.