Loan & Debt6 Jul 2026, 03:29 pm
RSWM Ltd Provides ₹44.33 Cr Loan to Subsidiary LNJ Greenpet
AI Summary
RSWM Limited has entered into an inter-corporate loan agreement with its wholly owned subsidiary, LNJ Greenpet Private Limited, for an amount not exceeding ₹44.33 Crores. This financial assistance is intended to fund the Bottle-to-Bottle Project being implemented by LNJ Greenpet. The loan is unsecured and is in line with the stated objectives of the preferential issue of Convertible Warrants undertaken by RSWM Ltd. The transaction is conducted on an arm's length basis.
Key Highlights
- RSWM Ltd provides inter-corporate loan of up to ₹44.33 Cr.
- Loan is for subsidiary LNJ Greenpet's Bottle-to-Bottle Project.
- Funding aligns with Convertible Warrants preferential issue.
- Transaction is unsecured and on an arm's length basis.
Price Impact
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