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 current loan status include:
| Metric | Amount (INR) |
|---|---|
| Loan Disbursement Made | 25 Lakhs |
| Current Outstanding Loan Balance | 1,25,00,000/- |
| Aggregate Loan Limit | 50 Lakhs |
The loan remains an unsecured debt and all terms and conditions governing the agreement are unchanged from those disclosed in a previous report issued on December 29, 2025.
Laxmi Dental Ltd confirmed that the details pertaining to this loan transaction will be made available on the company's official website.
LAXMIDENTL Stock Price Movement
Laxmi Dental Limited’s stock gained 1.65% today, settling at the post-market price of ₹220.5. The equity experienced notable intraday volatility, trading between a low of ₹216.61 and a high of ₹220.96.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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