Laxmi Dental Ltd lends unsecured funds to subsidiary Signature Smiles Dental Clinic
Laxmi Dental Ltd, formerly known as Laxmi Dental Export Private Limited, has provided an unsecured loan to its subsidiary, Signature Smiles Dental Clinic Private Limited. The lending activity falls under the established agreement between Laxmi Dental Limited and the clinic, which operates within the company's structure.The disbursement of the unsecured loan was made in accordance with the relevant loan agreement. As part of this transaction, there is an aggregate limit set for the loans granted to the subsidiary, not exceeding INR 50 Lakhs across one or more tranches, provided all applicable laws are followed.Key financial details regarding the...