29-Sept-2026 18:13:41
PRAXISGeneral news
PRAXIS HOME RETAIL LTD : ENTERS UNSECURED LOAN AGREEMENT WORTH RS 2.50 CR
• Loan agreement executed on September 29, 2026, with Matrix Park Private Limited. • Unsecured inter-corporate loan of up to ₹2.50 Crore to be availed on or before March 31, 2027. • Loan is for working capital requirement and general corporate purpose. • Interest rate at 13% per annum for a tenure of 6 months, subject to mutual written agreement for extension. • Company had previously availed an unsecured inter-corporate loan of ₹3.50 Crore from Matrix Park Private Limited on September 25, 2026. • Aggregate amount of loans availed from and outstanding to Matrix Park Private Limited will be ₹6.00 Crore.
Praxis Home Retail Limited
Open attachment