DUDIGITAL GLOBAL LIMITED — Important, 03-02-2025: Committee Meeting Updates
03-02-2025 | 05:46 pm
03-02-2025 | 05:46 pm
Dudigital Global Limited has authorized a loan of ₹4 Crore (cr) to its subsidiary, Dudigital BD Private Limited, to support its growth and working capital needs. This short-term unsecured loan carries an interest rate of 9.5% per annum and is repayable within one year. As Dudigital Global holds a 98.42% stake in the subsidiary, this transaction is classified as a related party transaction but is conducted at arm’s length. Investors might view this as a positive outlook, reflecting the company's commitment to bolster its subsidiary's operations, although they should remain aware of the repayment timelines.
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