Praxis Home Retail availed a ₹2 Crore unsecured inter-corporate loan from I-3PL (India) at 13% p.a. for 3 months. The RPT finances working capital and general corporate purposes.
Value
₹2.00 Cr
Execution
3 months (subject to mutual written agreement for extension)
Praxis Home Retail Limited secured an unsecured inter-corporate loan of ₹2.50 Crore from Matrix Park Private Limited for working capital and general corporate purposes.
Praxis Home Retail Limited has entered into a loan agreement with Matrix Park Private Limited to avail an unsecured inter-corporate loan of ₹3.50 Crore.
Praxis Home Retail amended its Inter-Corporate Loan agreement with CMS IT Services, increasing the interest rate on its borrowings from 11% to 13% p.a.