Loan & Debt13 Mar 2026, 04:21 pm
SRM Energy Tamilnadu Writes-off Loan of Rs. 2,23,35,000 from SRM Energy Ltd
AI Summary
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, SRM Energy Ltd has received an intimation from its group company, SRM Energy Tamilnadu Private Limited, stating that it has written-off (in full) an outstanding loan amount of Rs. 2,23,35,000/-. This write-off will result in the extinguishing of the liability in the books of accounts of SRM Energy Ltd, and will be accounted for in accordance with applicable accounting standards.
Key Highlights
- SRM Energy Tamilnadu has written-off a loan of Rs. 2,23,35,000/- to SRM Energy Ltd
- The liability will be extinguished in the books of accounts of SRM Energy Ltd
- The write-off will be accounted for in accordance with applicable accounting standards