Prakash Woollen & Synthetic Mills Ltd — Updates, 05-06-2025: Company Update

Prakash Woollen & Synthetic Mills Limited has entered into two inter-corporate loan agreements, extending temporary financial loans of INR 40 lakhs to Martco Exports Private Limited and an unspecified crore amount to Kailash Coal And Coke Company Limited. Both loans carry an interest rate of 9% per annum and have a tenure of six months, extendable by mutual consent. Neither transaction involves related parties or confers any special rights. These loans provide short-term funding support without impacting the company’s equity or control structure, potentially aiding operational liquidity.