Euro Panel Products Limited has informed the Exchange regarding Board meeting held on January 06, 2026.
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The board of Euro Panel Products Limited, at its meeting on January 06, 2026, approved an unsecured loan of Qatari Riyal (QAR) 500,000 (approximately ₹1.1 crore) to its wholly owned subsidiary Euro Panel Products Trading WLL in Qatar. The loan will be used by the subsidiary for working capital, capital expenditure, or other lawful business purposes. The loan carries an interest rate of 8.5% per annum, is repayable on demand, and has a maximum tenor of one year from the effective date. The loan agreement is scheduled to be executed on January 7, 2026. Since the borrower is a 100% subsidiary, this qualifies as a related party transaction, but the company has confirmed it is carried out at arm's length.
The loan is small relative to typical corporate operations and is an internal fund movement to a wholly owned subsidiary, so the direct impact on shareholders is limited. However, it signals that the company is supporting its Qatar subsidiary's growth, and the 8.5% interest rate provides a modest return on the deployed capital.