StockWatch
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Medical Equipment & Supplies
Loan & Debt10 Jul 2026, 03:28 pm

Laxmi Dental disburses ₹25 Lakh unsecured loan to subsidiary

AI Summary

Laxmi Dental Ltd has disbursed an unsecured loan of ₹25 Lakhs to its subsidiary, Signature Smiles Dental Clinic Private Limited. This disbursement is in accordance with a loan agreement dated December 29, 2025, which allows for loans up to an aggregate amount of ₹50 Lakhs in tranches. Following this disbursement, the outstanding loan amount from the subsidiary to the company now stands at ₹1,25,00,000/-. The terms and conditions of the loan remain unchanged from those initially disclosed.

Key Highlights

  • Laxmi Dental disbursed ₹25 Lakh unsecured loan to subsidiary.
  • Total outstanding loan to subsidiary is now ₹1.25 Crore.
  • Loan agreement allows for up to ₹50 Lakhs in tranches.
  • Terms and conditions remain unchanged.