Disclosure under Regulation 30
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Andrew Yule & Company Limited has disclosed entering into two new loan arrangements totaling ₹35 crore. The company availed a short-term loan of ₹30 crore from its promoter, the Government of India through the Ministry of Heavy Industries, at 8.30% per annum for one year (sanctioned 18th April 2026). Additionally, a soft loan of ₹5 crore was obtained from the Tea Board of India at 8.65% per annum for one year (sanctioned 20th April 2026). Both loans are government-backed financing arrangements as per directives from the Department of Economic Affairs.
The company is taking on ₹35 crore in fresh debt at relatively competitive rates, which may provide short-term liquidity but will increase the company's debt obligations. For shareholders, this indicates the company is relying on promoter and government support for funding needs.