Sayaji Industries has informed that Board of Directors of the Company, at its meeting held today, 29th February, 2024, has approved and entered into a loan agreement with Sayaji Industries FZC, a wholly owned subsidiary of the company, to provide an unsecured loan of Rs 25,00,000. Such funds will be utilized by Sayaji Industries FZC for its business activities in Middle Eastern countries. The requisite details as required under the Listing Regulations and SEBI Circular No. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated 13th July, 2023 is enclosed as Annexure-1.
The above information is a part of company’s filings submitted to BSE.
