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DUDIGITAL GLOBAL LIMITEDImportant, 20-03-2025: Committee Meeting Updates

20-03-2025 · 12:57 pm

Dudigital Global Limited has announced a board meeting where the Finance and Investment Committee approved a short-term unsecured loan of ₹3 crore (cr) to its subsidiary, OSC Global Processing Private Limited. This loan, set to support the subsidiary's growing operations and working capital needs, carries an interest rate of 9.5% per annum and is repayable within one year. The decision underscores Dudigital's commitment to strengthening its subsidiaries, which could enhance operational efficiency and potentially improve overall financial stability. Investors may view this as a positive outlook given the support for subsidiary growth, although concentration risks remain.

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