Prakash Pipes (PPL) announced that Prakash Industries, a promoter group entity, has fully repaid the ₹75 Cr loan to PPL.

Prakash Pipes LimitedPPL · Filed with the exchange

This move strengthens PPL's balance sheet by recovering funds and reduces related-party exposure.

The company noted the original loan was conducted on an arm’s length basis and had all necessary audit committee and board approvals. #PrakashPipes #PPL #RelatedPartyTransaction #BalanceSheet

Read the original filing(PDF)

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