Loan & Debt14 Aug 2026, 02:02 pm
CP Capital Ltd Writes Off ₹4397 Lakh Loan from PFT
AI Summary
CP Capital Ltd announced a technical write-off of an outstanding loan amounting to approximately ₹4,397 lakhs due from Proseed Foundation Trust (PFT). This decision was made during a Board Meeting held on August 14, 2026. The write-off is without prejudice to the company's ongoing legal efforts to recover the amount from PFT. The board also approved un-audited financial results for the quarter ended June 30, 2026, and other routine business matters.
Key Highlights
- Loan of ₹4397 lakhs from PFT technically written off.
- Write-off is without prejudice to pending recovery proceedings.
- Board approved Q1 FY27 un-audited financial results.
- Other corporate actions include AGM notice and Director's Report approval.
Price Impact
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