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.

Prakash Woollen & Synthetic Mills Limited, a manufacturer, exporter, and importer of mink blankets, has approved its unaudited financial results for the first quarter of the fiscal year 2026. The company's Board of Directors convened on August 12, 2025, to review and approve the financial statements for the quarter ended June 30, 2025.

Board Meeting Highlights

• The board meeting commenced at 12:30 P.M. and concluded at 2:30 P.M.
• The unaudited financial results for Q1 FY26 were approved in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• A Limited Review Report (LRR) on the unaudited financial results was issued by the company's statutory auditors.
• The LRR did not contain any qualifications or modified opinions, indicating a clean review of the financial statements.

Regulatory Compliance

Prakash Woollen & Synthetic Mills has adhered to the regulatory requirements by:

• Approving the Unaudited Financial Results (UFR) for the quarter ended June 30, 2025.
• Noting the Limited Review Report issued by the statutory auditors.
• Uploading the results on both the stock exchange website and the company's official website ( www.prakashwoollen.com ).

Company Information

• Prakash Woollen & Synthetic Mills Limited is listed on the BSE with the scrip code 531437.
• The company's registered office and works are located at 18th KM Stone, Delhi Moradabad Road, NH-24, Village Amhera, PO Chaudherpur, District Amroha - 244 102, Uttar Pradesh.
• Its CIN is L17291UP1979PLC004804.

While specific financial figures were not disclosed in the available information, investors and stakeholders can access the detailed unaudited financial results on the BSE website and the company's official website. The approval of these results without any qualifications from the auditors suggests that the company's financial reporting is in order for the quarter ended June 30, 2025.

Prakash Woollen & Synthetic Mills continues to operate in the textile sector, specializing in mink blankets, with a focus on manufacturing, exporting, and importing activities.