Loan & Debt15 Jun 2026, 05:30 pm
Nouveau Global Ventures Secures ₹1.5 Cr Term Loan
AI Summary
Nouveau Global Ventures Ltd announced today that its Board of Directors has approved entering into a Term Loan Agreement with Prime Capital Market Limited for a secured Rupee Term Loan facility of ₹1.5 Crores. This loan will be utilized for the acquisition of film rights and to meet general business requirements. The company also approved the acquisition of film rights for approximately ₹1.5 Crores. Security for the loan will be created through an equitable mortgage over certain company properties. The loan agreement was executed on June 15, 2026.
Key Highlights
- Board approved ₹1.5 Cr secured term loan from Prime Capital Market Ltd.
- Loan proceeds to fund film rights acquisition and business needs.
- Company also approved acquisition of film rights for ₹1.5 Cr.
- Security to be created via equitable mortgage on company properties.
Price Impact
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