Worth Peripherals Limited — Important, 19-04-2025: Agreements

Worth Peripherals Limited's Board of Directors has approved an inter-corporate loan of ₹30 crore to its wholly-owned subsidiary, Worth Wellness Private Limited. This funding will support the subsidiary in managing its daily operational requirements. The loan, which is unsecured, is set for a three-year term, with potential for extension. As the parent company holds a 100% stake in Worth Wellness, this transaction falls under related party transactions, confirmed to be conducted at arm's length. This move may strengthen the subsidiary's operational capacity and represents a strategic commitment to support its growth. Investors should monitor this development for its implications on overall company performance.