MoU12 Feb 2026, 05:44 pm
Starlineps Enterprises Ltd Enters MoU with DNB Textiles for Loan Assistance
AI Summary
Starlineps Enterprises Ltd has entered into a Memorandum of Understanding (MoU) with DNB Textiles Private Limited for granting of a loan up to Rs. 10 Crore. The loan is intended for the business purpose of the borrower and does not contain terms pertaining to special rights or restrictions in capital structure. The borrower has agreed to pay an interest of 9% per annum.
Key Highlights
- Starlineps Enterprises Ltd has entered into an MoU with DNB Textiles Private Limited
- The MoU is for granting of a loan up to Rs. 10 Crore
- The loan is intended for the business purpose of the borrower
- The agreement does not contain terms pertaining to special rights or restrictions in capital structure
- The borrower has agreed to pay an interest of 9% per annum