Loan & Debt7 May 2026, 09:30 pm
Gowra Leasing to Borrow ₹25 Cr via Intercorporate Loan
AI Summary
Gowra Leasing & Finance Ltd's board has approved borrowing up to ₹25 crore through intercorporate loans for unrelated parties. This decision was made during the board meeting held on May 7, 2026, to meet fund requirements for improved business operations.
Key Highlights
- Gowra Leasing board approves borrowing via intercorporate loan.
- The borrowing amount is capped at ₹25 crore.
- Funds will be used for business operations.
- The loan will be given to unrelated parties in tranches.
Price Impact
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