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Taylormade Renewables LtdUpdates, 17-04-2025: Company Update

17-04-2025 | 04:53 pm

Taylormade Renewables Limited has entered into a Loan against Property Agreement with L&T Finance Limited, securing a loan of ₹6.73 crore against its property located in Ahmedabad. The agreement, executed on March 31, 2025, includes an interest rate of 9.75% per annum, with a repayment term set for 240 months. This move is aimed at bolstering general working capital requirements. For investors, this development may signal a proactive approach to financing, with the potential for improved liquidity, though the elevated debt could pose some risk if not managed effectively.

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