With reference to cited subject we hereby submit that the Board has approved the borrowing through Intercorporate Loan for unrelated parties.
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The Board of Directors of Gowra Leasing & Finance Limited met on May 7, 2026 and approved borrowing through intercorporate loans from unrelated parties. The approved borrowing limit is up to Rs. 25 crore (Rs. 25,00,00,000), to be taken in tranches. The funds will be used to meet financial requirements aimed at improving business operations performance. The company filed this disclosure under Regulation 30 of the LODR Regulations 2015.
The company is taking on debt to fund business operations, which could support growth but also increases financial obligations. Shareholders should monitor how these borrowed funds are deployed and the resulting impact on the company's financial position and profitability.