Loan & Debt21 May 2026, 05:32 pm
Cranex Ltd Enters ₹3 Cr Loan Agreement with Kalyan Capitals
AI Summary
Cranex Limited has entered into a loan agreement with M/s. Kalyan Capitals Limited, granting an inter-corporate loan of up to ₹3,00,00,000. The loan carries an interest rate of 9% per annum and is repayable on demand. Kalyan Capitals Limited will provide listed equity shares as security against the loan. The agreement was executed on May 21, 2026.
Key Highlights
- Cranex Ltd grants ₹3 Cr loan to Kalyan Capitals Limited.
- Loan carries a 9% annual interest rate.
- Loan is repayable on demand.
- Kalyan Capitals to provide listed equity shares as security.
- Agreement executed on May 21, 2026.
Price Impact
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