S P Apparels Debt & Borrowing
S.P. Apparels Limited terminated a loan agreement with its wholly-owned subsidiary, S.P. Apparels (UK) (P) Limited, as no funds were disbursed. No business impact occurred.
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S.P. Apparels Limited terminated a loan agreement with its wholly-owned subsidiary, S.P. Apparels (UK) (P) Limited, as no funds were disbursed. No business impact occurred.
S.P. Apparels Ltd entered a loan agreement with its wholly-owned subsidiary, S.P. Apparels (UK) (P) Limited. The loan facility is for an amount up to GBP 4,50,000.
S.P. Apparels issued a Rs. 12.51 Crore corporate guarantee to HSBC. The guarantee secures a term loan for its UK-based subsidiary.
S. P. Apparels Limited executed a GBP 4 Million (₹50.80 Crore) loan agreement with its UK subsidiary. The facility carries 9% interest for business operations.
S.P. Apparels Ltd provided a GBP 40,00,000 (₹50.80 Crore) loan to its wholly owned UK subsidiary. The unsecured loan at 9% p.a. supports subsidiary operations.
S.P. Apparels Ltd confirmed it does not meet the SEBI criteria for a 'Large Corporate' as of March 31, 2026. Consequently, the company is exempt from mandatory debt-raising requirements for FY 2026-2027. Outstanding borrowings were reported at ₹41.61 Crore with an ICRA AA- credit rating.