Loan & Debt16 Oct 2026, 05:30 pm
Laser Diamonds Ltd Secures ₹1.45 Cr Loan Facility
AI Summary
Laser Diamonds Ltd announced that its Board of Directors has approved the execution of a loan agreement with Chemfit PVC Solutions Private Limited for a facility aggregating to ₹1,45,00,000/- (Rupees One Crore Forty-Five Lakh only). The Board also approved the appointment of Mr. Sachin Mishra, Mr. Chandresh Dutt Upadhyay as Additional Non-Executive Independent Directors, and Mrs. Mudrika Devi as Additional Non-Executive Woman Director. Additionally, the company approved the shifting of its registered office within Tamil Nadu and the establishment of a new corporate office in New Delhi. The Board also reconstituted various committees.
Key Highlights
- Company secures a loan facility of ₹1.45 Crore.
- Board approves appointment of three new directors.
- Registered office to be shifted within Tamil Nadu.
- New corporate office to be established in New Delhi.
- Various Board committees have been reconstituted.
Price Impact
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