R&B Denims Approves ₹10 Crore Unsecured Loan To Ganpati Energy

Board approved an unsecured loan agreement with Ganpati Energy Private Limited for Rs 10 Cr at 13.8% annual interest, repayable on demand. No security is provided and no amount was outstanding as of disclosure. The transaction represents deployment of funds outside R&B Denims’ core textile operations to an unrelated energy company, rather than a related-party arrangement. Credit exposure is unsecured, while the filing does not disclose the borrower’s financial position, end use beyond general business activities, or expected repayment timeline; no shareholding or board rights arise.