
Loan & Debt4 Aug 2026, 05:00 pm
Worth Peripherals Approves ₹20 Cr Loan to Subsidiary
AI Summary
Worth Peripherals Ltd announced that its Board of Directors has approved an Inter Corporate Loan of ₹20 Crores, to be disbursed in one or more tranches, to its wholly-owned subsidiary, Worth Wellness Private Limited. This loan is in addition to the company's approval of Unaudited Financial Results for the quarter ended June 30, 2026, and the appointment of a new Secretarial Auditor for a five-year term. The filing also confirmed the commencement of commercial production by Worth Wellness Private Limited on August 1, 2026, at its new manufacturing facility in Indore.
Key Highlights
- Company approved ₹20 Cr Inter Corporate Loan to subsidiary.
- Loan to be disbursed in one or more tranches.
- Subsidiary Worth Wellness commenced commercial production.
- Board also approved Q1 FY27 unaudited financial results.
- Secretarial Auditor appointed for a 5-year term.
Price Impact
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