Plaza Wires Limited
Loan Agreement with Punjab National Bank
Main Body
Plaza Wires Limited has entered into a Loan Agreement dated June 25, 2026, with Punjab National Bank. The company received the signed copy of the loan agreement on June 25, 2026, and accordingly filed this intimation on the same date under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Details: The loan amount is ₹4,81,95,000 (Four Crore Eighty One Lakhs Ninety Five Thousand Only).
Purpose: To avail Working Capital Term Loan (WCTL) under the Emergency Credit Line Guarantee Scheme 5.0 for the purpose of business operations of the Company.
Security: The loan is secured by an unconditional and irrevocable Credit Guarantee from NCGTC (likely referring to National Credit Guarantee Trustee Company Ltd) for the benefit of MSMEs. Additionally, there is a charge on existing securities (both primary and collateral) and on assets created out of such loan.
Relationship Details: There is no shareholding in Punjab National Bank, and the parties are not related to promoter/promoter group/group companies in any manner. This transaction does not fall within related party transactions.