Loan & Debt27 Aug 2026, 03:54 pm
R&B Denims Ltd Enters Loan Agreement with Ganpati Energy Pvt Ltd
AI Summary
R&B Denims Ltd announced that its Board of Directors, in a meeting held on August 27, 2026, approved entering into a loan agreement with Ganpati Energy Private Limited. The company will provide an unsecured loan of Rs. 10 Crores to Ganpati Energy Private Limited to support its business activities. The loan agreement has an interest rate of 13.80% per annum and is repayable on demand.
Key Highlights
- Board approved unsecured loan agreement with Ganpati Energy Pvt Ltd.
- Loan amount is Rs. 10 Crores.
- Interest rate is 13.80% per annum.
- Loan is for financial assistance towards business activities.
- No security provided for the loan.
Price Impact
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