Baroda Rayon Corporation Ltd has entered into a loan agreement with Aditya Birla Capital Ltd to avail a secured term loan facility aggregating to ₹80 crore. The facility, executed on June 29, 2026, is intended for the company's commercial real estate project and includes the takeover of existing debt. This strategic move aims to refinance existing borrowings and optimize the company's overall financing cost.

The loan facility comprises two distinct components. The first involves the takeover of the company's existing consortium loan aggregating to ₹32.06 crore, currently availed from The Mehsana Urban Co-operative Bank Ltd., The Sutex Co-operative Bank Ltd., and Surat National Co-operative Bank Ltd. The second component is a fresh term loan of ₹47.94 crore extended by Aditya Birla Capital Ltd.

Breakdown of Loan Facility

The following table details the utilization of the ₹80 crore secured term loan facility:

The loan is secured by a first charge on immovable non-agriculture land and plotted areas associated with the Surat Textile Bourse Phase-1 and Phase-II projects. Additionally, the facility is backed by corporate guarantees from M/s. Sejima Texyarn Pvt. Ltd. and M/s. Kanchenjunga Texturisers Private Limited, as well as personal guarantees from seven individuals including Mr. Damodar Bhimji Patel and Mr. Viral Damodar Bhavani.

The disclosure was submitted to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information is also available on the company's website.

Baroda Rayon Corporation Ltd has closed its trading window for all insiders and designated persons to prevent potential insider trading ahead of its quarterly financial announcement. The restriction is effective from July 1, 2026, and will remain in force until 48 hours after the company declares its unaudited financial results for the quarter ended June 30, 2026. This move ensures compliance with regulatory standards regarding the trading of securities by company insiders.

The decision aligns with the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended from time to time, and the company's internal Code of Conduct for Regulating, Monitoring, and Reporting of Trading by Insiders. The closure applies to all designated persons and their immediate relatives, prohibiting them from dealing in the company's securities during the specified period.

Key Dates and Restrictions

The following table outlines the critical timeline for the trading window closure:

The company stated that the specific date for the Board meeting, where the financial results will be considered, will be intimated separately. baroda rayon has taken this step to maintain transparency and uphold market integrity during the sensitive period preceding its financial results announcement.