Soni Medicare Limited Secures New Borrowing Facility from Tata Capital Limited

1 min read     Updated on 17 Sept 2025, 01:20 PM
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Overview

Soni Medicare Limited's Board of Directors has approved a new borrowing facility from Tata Capital Limited. The decision was made during a board meeting on September 17, 2025. The board authorized company directors to execute necessary documents for the facility. While specific terms were not disclosed, this move could provide Soni Medicare with additional financial flexibility for potential growth and operational needs.

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Soni Medicare Limited has taken a significant step to bolster its financial resources. The company's Board of Directors has approved a new borrowing facility from Tata Capital Limited, a move that could potentially support its growth and operational needs.

Board Meeting Details

The decision was made during a board meeting held on September 17, 2025, at the company's registered office located at 38, Kanota Bagh, Jawahar Lal Nehru Marg, Jaipur. The meeting commenced at 12:30 P.M. and concluded at 12:50 P.M., lasting for 20 minutes.

Key Decisions

During the meeting, the Board of Directors:

  1. Approved the new borrowing facility to be obtained from Tata Capital Limited.
  2. Authorized the company's directors to execute necessary documents, deeds, and agreements required for the borrowing facility.

Management Commentary

Bimal Roy Soni, the Managing Director of Soni Medicare Limited, signed off on the official communication to the BSE Limited regarding the outcome of the board meeting.

Regulatory Compliance

The company has disclosed this development in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2025.

Potential Implications

While the specific terms and amount of the borrowing facility were not disclosed, this new arrangement with Tata Capital Limited could provide Soni Medicare with additional financial flexibility. Such facilities are often used by companies to fund expansion plans, manage working capital, or refinance existing debt.

Investors and stakeholders will likely be interested in how Soni Medicare utilizes this new borrowing facility and its impact on the company's future financial performance and growth strategies.

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