Praxis Home Retail Debt & Borrowing: ₹3.5 Cr
Praxis Home Retail Limited has entered into a loan agreement with Matrix Park Private Limited to avail an unsecured inter-corporate loan of ₹3.50 Crore.
- Value
- ₹3.50 Cr
- From
- Matrix Park Private Limited
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Praxis Home Retail Limited has entered into a loan agreement with Matrix Park Private Limited to avail an unsecured inter-corporate loan of ₹3.50 Crore.
Praxis Home Retail amended its Inter-Corporate Loan agreement with CMS IT Services, increasing the interest rate on its borrowings from 11% to 13% p.a.
Praxis Home Retail secured an unsecured loan of ₹14.5 Crore from CMS IT Services. The funds will support working capital and general corporate purposes.
Praxis Home Retail secured a ₹5.5 Crore unsecured inter-corporate loan from CMS IT Services. The six-month facility carries 11% interest to fund working capital.