Board to consider Rs 130 crore term loan from Kotak Mahindra
ARTNIRMAN · price
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Art Nirman will hold a board meeting on 17 October 2025 at 6:00 PM to consider one or more term loans totaling Rs 130 crore from Kotak Mahindra Investments Limited. Shareholder approval by postal ballot is also required for a charge on company assets to secure the borrowing. The loan has not yet been sanctioned or drawn.
If approved, the loan may fund business growth but could increase debt, repayment obligations and financial risk from the asset charge.