RSWM lends up to INR 44.33 Cr to subsidiary LNJ Greenpet for Bottle-to-Bottle project
RSWM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RSWM Ltd has signed an inter-corporate loan agreement with its wholly owned subsidiary LNJ Greenpet Private Limited on 6 July 2026. The unsecured loan is capped at INR 44.33 Crores and will fund the Bottle-to-Bottle recycling project being implemented by the subsidiary. The loan supports the stated objective of the company's earlier preferential issue of convertible warrants. RSWM holds 100 percent stake in LNJ Greenpet. The deal is a related party transaction carried out at arm's length basis.
Inter-group fund transfer of INR 44.33 Cr from RSWM to its wholly owned subsidiary for a recycling project. Neutral to mildly positive, shows capital deployment.