Morepen Laboratories has that the Finance Committee of the Board of Directors of the Company at its meeting held today Friday, May 23, 2025 (commenced at 9.00 am concluded at 9.55 am) has approved, availing of working capital demand loan facility, packing credit facility and post shipment facility from Qatar National Bank (‘the Bank’), to the extent of, in aggregate, Rs. 50,00,00,000/- and entered into various agreements with the Bank. The details, as required under the SEBI Listing Regulations, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, is given under as Annexure.
The above information is a part of company’s filings submitted to BSE.
