Loan & Debt29 Dec 2025, 04:41 pm
Axis Solutions Ltd Secures Business Loan of Rs. 1 Crore from L&T Finance Limited
AI Summary
Axis Solutions Limited (formerly known as Asya Infosoft Limited) has executed a Business Loan agreement with L&T Finance Limited (formerly known as L&T Finance Holdings Limited) on 29th December, 2025, for availing a loan facility of Rs. 1 crore. The loan is intended to expand the operations of the business. The company has taken Loan cover up insurance of Rs. 9,50,000 for 2 years. This agreement is not a related party transaction and does not involve any issuance of shares or loan agreements with any parties related to the promoter/promoter group/group companies.
Key Highlights
- Axis Solutions Ltd secures a Business Loan of Rs. 1 crore from L&T Finance Limited
- The loan will be used to expand the operations of the business
- The company has taken Loan cover up insurance of Rs. 9,50,000 for 2 years
- This is not a related party transaction
- No shares will be issued or loan agreements made with any parties related to the promoter/promoter group/group companies