Borana Weaves Ltd enters ₹5 Cr loan agreement with Win Star Industries

Borana Weaves Ltd announced that its Board of Directors, in a meeting held on September 5, 2026, approved entering into a loan agreement with Win Star Industries Private Limited. The company will provide an unsecured loan of up to ₹5 Crore (Rupees Five Crore Only) to Win Star Industries Private Limited to support its business activities. The loan will bear an interest of 12.00% per annum and its 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 is provided for the loan, and no amount is outstanding as of the disclosure date. The parties are not related, and the transaction is not considered a related party transaction.