Borana Weaves Approves ₹5 Cr Unsecured Loan to Win Star Industries

Borana Weaves Ltd announced its Board of Directors has approved entering into a loan agreement with Win Star Industries Private Limited. The company will grant an unsecured loan of up to ₹5,00,00,000 (Rupees Five Crore Only) to Win Star Industries for its business activities. The loan agreement was executed on September 5, 2026, with an interest rate of 12.00% per annum. The tenure is until repayment on demand or earlier termination by mutual consent. Borana Weaves Limited is the lender, and Win Star Industries Private Limited is the borrower. No security has been provided for the loan, and the outstanding amount as of the disclosure date is Nil. The parties are not related, and the transaction is not considered a related party transaction.