Anmol India Seeks Approval For ₹25 Crore Loan To Anmol Fincap

Board proposed granting loans or financial assistance of up to Rs 25 Cr in aggregate to Anmol Fincap Limited, a related party in which directors Vijay Kumar and Chakshu Goyal are directors and shareholders, subject to shareholder approval. The funds are intended for Anmol Fincap's principal business activities and would come from internal resources or other permissible sources. The Audit Committee approved the proposal, which management says will strengthen the inter-company relationship and utilise available funds. Interest rate, tenure, repayment schedule, security and disbursement terms remain subject to Board determination, creating related-party credit exposure without fully specified commercial terms. The transaction is stated to be on an arm's-length basis.