Loan & Debt19 May 2026, 02:49 pm
Kanchi Karpooram Grants ₹1.6 Cr Inter-Corporate Loan
AI Summary
Kanchi Karpooram Ltd has granted an unsecured commercial loan of ₹1.60 Crores to Awesome Builders Private Limited on May 19, 2026, as per an inter-corporate loan agreement. The loan carries an interest rate of 12% per annum, payable annually. The disclosure is made under Regulation 30 of the SEBI Listing Regulations.
Key Highlights
- Kanchi Karpooram grants ₹1.60 Cr unsecured loan to Awesome Builders Private Limited.
- The inter-corporate loan agreement was executed on May 19, 2026.
- The loan carries a 12% annual interest rate.
- There is no shareholding of Kanchi Karpooram in Awesome Builders.
- The transaction is not a related party transaction.