Announced Fri, 10 Jul · 15:41 IST
Laxmi Dental disburses 25 lakh unsecured loan to subsidiary
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LAXMIDENTL · price
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Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹220.49
prior close
₹220.00
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AI summary
Laxmi Dental Limited has disbursed an unsecured loan of INR 25 lakh to Signature Smiles Dental Clinic Private Limited, its subsidiary, under a loan agreement allowing up to INR 50 lakh in one or more tranches. After this disbursement, total loan outstanding to the subsidiary stands at INR 1.25 crore (One Crore Twenty Five Lakh). This continues the company's earlier intimation dated December 29, 2025, and loan terms remain unchanged.
Likely market impact
Small loan to a wholly owned subsidiary has limited direct impact on shareholders, but signals continued intra-group financial support.