Announced Fri, 10 Jul · 15:27 IST
Laxmi Dental disburses INR 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
+2.6%1-day move
₹217.40
prior close
₹220.00
base price
In-mkt
timing
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AI summary
Laxmi Dental Limited has disbursed an unsecured loan of INR 25 Lakhs to its subsidiary, Signature Smiles Dental Clinic Private Limited, under a loan agreement dated December 29, 2025. The agreement permits an aggregate loan of up to INR 50 Lakhs in one or more tranches. With this disbursement, total outstanding loan to the subsidiary stands at INR 1.25 Crore. Terms remain unchanged from the earlier intimation.
Likely market impact
Modest loan to subsidiary to support operations. Outstanding exposure now INR 1.25 Crore. Limited material impact on parent financials.