ALPHA TRIBE

Paul Merchants LtdImportant, 12-02-2026: Company Update

12-02-2026 | 06:58 pm

Paul Merchants Limited's Board has approved a Term Loan Limit of 100 Cr for its wholly-owned subsidiary, Paul Merchants Realtors Private Limited (PMRPL). This funding, which is in addition to existing loans, is intended to support PMRPL's principal business activities. The loan terms include an 11.00% p.a. interest rate, subject to quarterly review, and a maximum repayment tenure of 3 years. This financing provides crucial capital for the subsidiary's operations, with a direct monetary impact on the parent company of up to 100 Cr.

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