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Prakash Woollen & Synthetic Mills LtdImportant, 25-08-2025: Company Update

25-08-2025 | 05:53 pm

Prakash Woollen & Synthetic Mills has entered into an Inter Corporate Loan Agreement with SAG Infocom Private Limited, acting as the lender. The company will provide a temporary financial accommodation of INR 0.50 Cr. This loan carries an interest rate of 9.00% and has an initial tenure of 6 months, which can be extended. This agreement demonstrates the company's strategy to deploy its capital for generating interest income.

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