20 Microns Limited has informed the Exchange about Execution of Loan Agreement for Shareholder/Inter-Corporate Loan with Sievert 20 Microns Building Materials Private Limited
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20 Microns Limited has signed a loan agreement to provide ₹2 crore as an unsecured shareholder/inter-corporate loan to its joint venture, Sievert 20 Microns Building Materials Private Limited, in which it holds a 40% stake (with the German partner Sievert Baustoffe holding the remaining 60%). The loan carries an interest rate of 6.50% per annum, is repayable over 5 years with annual interest payments, and is intended to support the JV's business operations and working capital needs. The transaction qualifies as a Related Party Transaction but is not classified as a Material RPT, was approved by the Audit Committee, and follows shareholder approval secured via postal ballot on March 9, 2026.
This is a relatively small ₹2 crore inter-corporate loan to a joint venture, unlikely to materially affect 20 Microns' financials. It signals continued support for the JV's growth but does not represent new fundraising or capital market activity for the listed entity.