Prakash Woollen & Synthetic Mills Ltd — Important, 28-11-2025: Company Update

Prakash Woollen & Synthetic Mills Limited has secured new financing, entering into a loan agreement with State Bank of India. The company has obtained a car loan valued at 0.44 Cr. This financing comes with a floating interest rate of 9.3% and is repayable over five years through equated monthly installments. This strategic move aims to support the company's operational requirements by facilitating vehicle acquisition, ensuring smoother business continuity and efficiency.