SBEC Sugar has entered into Loan Agreement dated March 15, 2024 to avail the Working Capital Term Loan facility amounting to Rs 25 crore from SVC Co-Operative Bank. The company will use fund for repayment of Cane dues. The company holds 20,000 equity shares at the rate of Rs 25 each in the Bank.
SBEC Sugar is engaged in the manufacturing & marketing of sugar, pharmaceutical grade sugar and other speciality sugar products,e.g coffee sugar, half spoon low calorie sugar, quick dissolve sugar, flavoured sugar for tea, icing sugar for baking etc.
