The Board has approved the waiver of the outstanding unsecured loans granted to Ladam Foods Private Limited and Lacon India Limited (Associate Companies). Both the aforesaid Companies have ....
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The Board of Directors of Ladam Affordable Housing Ltd, at its meeting on February 20, 2026, approved the waiver of outstanding unsecured loans previously given to two of its associate companies — Ladam Foods Private Limited and Lacon India Limited. This means the company has decided to forgo recovery of these loan amounts and will treat them as written off. The board meeting commenced at 5:00 PM and concluded at 5:30 PM. No specific loan amounts have been disclosed in this filing.
This waiver is effectively a write-off for the company, meaning shareholders will not see these amounts recovered. Depending on the size of the loans, this could reduce the company's asset base and is generally viewed negatively by investors as it signals unrecoverable inter-group lending.