BIRLANU : EXTENDS EUR 3.5 MN LOAN TO WHOLLY OWNED SUBSIDIARY

• Loan agreement signed between BirlaNu Limited (lender) and BirlaNu International GmbH, a 100% owned subsidiary (borrower) • Loan is to meet the subsidiary's working capital requirements • Loan carries 8% p.a. interest with a maximum tenor of 6 years from the effective date • Total loan outstanding to the borrower stands at Euro 20 million; no security provided • Agreement executed on October 29, 2026; required regulatory approvals received on November 2, 2026 Impact: Neutral (Interest-bearing funding support to a wholly owned overseas subsidiary; related-party transaction at arm's length with no security cover)

Birlanu Ltd

Open attachment

← Back to feed