Barak Valley Cements Limited has informed the Exchange about Agreements-Signing Of Memorandum Of Understanding ('Mou') With M/S LKC Industries And Infra Private Limited
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Barak Valley Cements Limited has signed an MoU with M/s LKC Industries and Infra Private Limited to avail inter-corporate loans up to Rs. 2.65 crore. The loan is for operational expenses, working capital requirements, and other lawful business activities in the ordinary course. The loan is unsecured in nature. This is a related party transaction as the promoters of BVCL and LKC are the same persons. The transaction has been disclosed as being conducted at arm's length. The loan agreement was executed on May 30, 2026.
The company is borrowing from a related party (same promoters) to fund working capital and operational needs. This indicates the promoters are supporting the company's liquidity. No immediate share price impact expected as this is routine financing in the ordinary course of business.