Cyber Media Research & Services Limited — Important, 04-01-2025: Agreements

Cyber Media Research & Services Limited has amended its loan agreement with Karur Vysya Bank Limited, relating to a term loan of Rs. 10 Crore. The amendment involves substituting the mortgaged property, moving from a property located in New Delhi to 'Cyber House' in Gurugram, owned by its holding company. The outstanding amount on the loan stands at approximately Rs. 8.11 Crore. This strategic move ensures the company maintains asset backing for its borrowing, without impacting its financial performance adversely. Investors should watch closely for further updates on how this may influence the company's liquidity and operational strategies going forward.