Trust Fintech Limited — Important, 04-06-2025: Agreements
04-06-2025 | 05:21 pm
04-06-2025 | 05:21 pm
The company has announced a board meeting on announcing the financial results for the quarter and half-year. It has entered a loan agreement with its UK subsidiary, TRUST FINTECH LIMITED, providing an unsecured line of credit up to £300K (approx. INR 3 Cr) at 8.5% interest p.a. for 4 years, extendable by mutual consent. This supports the subsidiary's short-term funding and enhances group liquidity, with the parent holding 90% ownership acting as lender on arm’s length terms. No security is involved.
No comments yet. Be the first to comment!
