Pratham EPC Projects Limited — Important, 13-02-2025: Agreements

Pratham EPC Projects Limited has entered into a loan agreement of ₹12 crore with its wholly-owned subsidiary, Pratham International Contracting L.L.C-O.P.C. The funds will be utilized for general corporate purposes and business needs. The loan, which is unsecured, carries an interest rate of 7% per annum and has a maximum tenor of eight years. This decision positions the subsidiary for operational growth, potentially enhancing overall group capabilities. Investors should watch closely as the subsidiary ramps up activities backed by this financial support, providing an opportunity for increased performance.