Following decision were taken 1. Considered and approved the new Borrowing Facility to be taken from any suitable BANK for Car Loan and authorized the directors of the Company to execute ....
Awaiting price reaction for this filing.
The Board of Directors of Soni Medicare Ltd, in a meeting held on 3rd February 2026, approved three new borrowing facilities. First, a car loan from any suitable bank was sanctioned. Second, the company approved a new unsecured borrowing facility from Tata Capital. Third, another new unsecured borrowing facility from Godrej Capital Limited was approved. The Board also authorized the directors to execute all necessary documents, deeds, and agreements for these facilities. The meeting was concluded at 4:30 PM, lasting only 30 minutes. No specific loan amounts were disclosed in the filing.
The company is taking on additional debt across three facilities, which increases its leverage and financial obligations. Without disclosed amounts, investors should monitor future disclosures for loan sizes and repayment terms to assess the impact on the company's debt profile and interest expenses.