Execution of Loan Agreement with Poonawalla Fincorp for an amount of Rs.1 crore as a Flexi Business Loan.
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Axis Solutions Ltd has taken a Flexi Business Loan of Rs. 1 crore from Poonawalla Fincorp, with the agreement signed on 31st December 2025. The loan is unsecured, carries a 36-month term, and is meant for working capital needs. Poonawalla Fincorp is not a related party to the company, and the loan comes with no special rights such as director appointments or restrictions on capital structure. The disclosure was made under Regulation 30 of SEBI Listing Regulations.
This is a modest working capital borrowing that adds Rs. 1 crore of unsecured debt over a 3-year term. For shareholders, this is a routine funding action and is unlikely to materially move the stock price, though it slightly increases the company's debt obligations.