PRAKASH WOOLLEN : INTER CORPORATE LOAN AGREEMENT SIGNED

• The company entered into an Inter Corporate Loan Agreement with Martco Exports Private Limited. • The loan amount is INR 50 Lakhs. • The interest rate is 9.00% per annum, which is as per the prevailing market rate. • The tenure of the loan is 6 months, extendable as mutually decided. Impact: Neutral (Routine corporate finance activity)

Prakash Woollen & Synthetic Mills Ltd

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