Prakash Industries Limited (PIL) announced today that its Board of Directors has approved availing an inter-corporate loan of ₹75 Crores from Prakash Pipes Limited (PPL), an entity within the same promoter group. The loan, approved during a Board Meeting held on December 18, 2025, will be utilized for general corporate purposes and working capital requirements of PIL. The loan agreement was executed on December 18, 2025. It is an unsecured loan with an interest rate of 12% per annum and a tenure of up to three years, extendable by mutual consent. The loan is repayable on demand and does not confer any special rights to PPL. Both PIL and PPL are part of the same promoter group companies, and the transaction is considered a Related Party Transaction conducted on an arm's length basis. The Board Meeting commenced at 12:00 Noon and concluded at 12:25 P.M. This disclosure is made in compliance with Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015.