BN Agrochem Approves Rs 500 Crore Borrowing Rs 750 Crore Loans

Board approved Rs500 Cr borrowing from promoter-group AAG Capital (Rs15 Cr already taken at 12%) and Rs750 Cr loans each to BN Agritech, Salasar, A1 Agri (Rs15 Cr already advanced), pending shareholder vote Dec 20. Context: borrowers are its three pending merger transferors.