Key Transaction Details
- The company had originally entered into a Loan Agreement with Pristine Industries Limited on January 12, 2026, to avail unsecured financial assistance.
- On September 09, 2026, the company executed a revised/modified Loan Agreement with Pristine Industries Limited.
- The primary modification relates to the extension of the loan tenure.
Detailed Terms from Annexure-A
- Parties: Agreement is with Pristine Industries Limited
- Purpose: Extension of the tenure of the loan
- Size: The loan period shall be the closing date as per the repayment schedule, i.e., December 31, 2026
- Shareholding: No shareholding exists in the entity with whom the agreement is executed
- Significant Terms: Not applicable (N.A.)
- Relationship: The parties are not related to the promoter/promoter group/group companies
- Related Party Transaction: Does not fall into related party transaction
- Shares Issued: Not applicable (N.A.)
- Loan Details:
- Lender: Pristine Industries Limited
- Nature of Loan: Financial Assistance (Unsecured)
- Date of Original Agreement: January 12, 2026
- Amendment Date: September 09, 2026
- Security: No security has been provided by SBEC Sugar Limited
- Other Disclosures: Not applicable (N.A.)
- Termination/Amendment Details: Not applicable (N.A.)
Financial Impact
Financial impact not quantified in the disclosure. The modification extends the repayment schedule but does not alter the fundamental terms of the unsecured financial assistance.