
Loan & Debt6 Oct 2026, 12:56 pm
Prakash Woollen enters ₹50 Lac loan agreement with Martco Exports
AI Summary
Prakash Woollen & Synthetic Mills Ltd has entered into an Inter Corporate Loan Agreement with Martco Exports Private Limited on October 05th, 2026. The agreement is for a temporary financial accommodation of INR 50 Lacs, with an interest rate of 9.00% and a tenure of 6 months, extendable by mutual decision. Martco Exports Private Limited will act as the lender. The transaction is not considered a related party transaction and does not involve any special rights for the lender.
Key Highlights
- Company entered into an Inter Corporate Loan Agreement.
- Loan amount is INR 50 Lacs.
- Interest rate is 9.00% for a 6-month tenure.
- Martco Exports Private Limited is the lender.
- Not a related party transaction.
Price Impact
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