Please find enclosed herewith the Intimation under regulation 30
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Prakash Woollen & Synthetic Mills Ltd informed the stock exchange that its Finance Committee, at a meeting held on 05.09.2025, approved doubling the company's borrowing limit from Rs. 10 Crore to Rs. 20 Crore. The original limit was set by the Board on 23.07.2025, and the Board had already given the Finance Committee the authority to decide the size and terms of borrowings as needed. The disclosure was made under Regulation 30 of SEBI's Listing Regulations.
The doubled borrowing capacity suggests the company may be planning to raise additional debt for business expansion, working capital, or other needs, which could lead to higher interest expenses and debt servicing obligations for shareholders going forward.