Prakash Woollen & Synthetic Mills Limited , a textile manufacturing company, has announced a significant increase in its borrowing capacity. The company has doubled its borrowing limit from Rs. 10.00 crore to Rs. 20.00 crore, as approved by the Finance Committee of the Board of Directors on September 5, 2025.

Key Details of the Borrowing Limit Increase

This decision follows an earlier approval by the Board of Directors on July 23, 2025, which had set the initial borrowing limit. The increase falls within the overall limits previously sanctioned by the Board, which had delegated powers to the Finance Committee to determine the quantum and terms of borrowings as required.

Regulatory Compliance

In compliance with SEBI regulations, Prakash Woollen & Synthetic Mills Limited has duly informed the BSE Limited about this development. The company's disclosure adheres to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Implications for the Company

The doubling of the borrowing limit suggests that Prakash Woollen & Synthetic Mills may be positioning itself for potential expansion or operational enhancements. This increased financial flexibility could allow the company to pursue growth opportunities or manage its working capital more effectively.

Investors and stakeholders will likely be watching closely to see how the company utilizes this expanded borrowing capacity and its impact on future financial performance.

As the textile industry continues to evolve, Prakash Woollen & Synthetic Mills' move to increase its borrowing limit may be seen as a strategic step to strengthen its market position and operational capabilities.

Prakash Woollen & Synthetic Mills Limited , a manufacturer and exporter of high-class mink blankets, has entered into an inter-corporate loan agreement with SAG Infocom Private Limited. The agreement positions Prakash Woollen as the lender in this financial arrangement.

Key Details of the Loan Agreement

• Loan Amount: INR 50.00 lakhs (to be disbursed in one or more tranches)
• Interest Rate: 9.00% per annum
• Tenure: 6 months, with the possibility of extension upon mutual agreement
• Purpose: Temporary financial accommodation for SAG Infocom Private Limited

Regulatory Compliance and Disclosure

The company has disclosed this information in compliance with Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made to the BSE Limited, where Prakash Woollen's shares are listed.

Transaction Details

• The loan agreement does not involve any shareholding between the parties.
• No special rights, such as the right to appoint directors or restrictions on capital structure changes, have been granted as part of this agreement.
• Both parties, Prakash Woollen & Synthetic Mills Limited and SAG Infocom Private Limited, are not related to the promoter or promoter group.
• The transaction does not fall under the category of related party transactions.

Company Background

Prakash Woollen & Synthetic Mills Limited, with its registered office at 18th KM Stone Delhi Moradabad Road, NH-24, Village Amhera, PO Chaudherpur, District Amroha, Uttar Pradesh, is known for manufacturing, exporting, and importing high-class mink blankets. The company's shares are listed on the BSE, reflecting its status as a publicly traded entity.

This inter-corporate loan agreement demonstrates Prakash Woollen's financial capacity to extend credit to other businesses, potentially indicating a strong cash position or a strategic financial move. The transaction, while significant for disclosure purposes, appears to be a standard business arrangement aimed at providing short-term financial support to SAG Infocom Private Limited.