Announced Tue, 27 Oct, 2026 · 16:08 IST
R&B Denims approves Rs 1.5 crore unsecured loan to Shilpa Dyeing
RNBDENIMS · price
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Price reaction
Awaiting price reaction for this filing.
AI summary
On 27 October 2026, the board approved an unsecured loan of Rs 1.5 crore to Shilpa Dyeing and Printing Mills Private Limited to support its business activities. Interest is 13.8% per year, and repayment is due on demand. There is no shareholding, promoter relationship, security, or special rights.
Likely market impact
The loan adds potential interest income but exposes the company to repayment risk involving Rs 1.5 crore of funds.