BSECranex LtdMediumNeutral
Announced Thu, 21 May · 17:20 IST

Please find the attached Intimation of the Loan Agreement entered with M/s. Kalyan Capitals Limited.

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Price reaction · full curve 14 horizons · vs prior close
-3.1%1-day move
₹82.15
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AI summary

Cranex Limited has entered into an inter-corporate loan agreement with Kalyan Capitals Limited, extending a demand loan facility of up to Rs. 3 crore. The loan carries an interest rate of 9% per annum. As of the agreement date (21st May, 2026), no amount has been drawn yet, with the full Rs. 3 crore remaining available. The borrower has provided listed equity shares as security for this loan. The transaction is not classified as a related party transaction, and no shareholding exists between the two companies.

Likely market impact

The loan has no immediate impact on shareholders as the amount outstanding is NIL. The company's deployment of up to Rs. 3 crore as a lender will generate modest interest income at 9% per annum, but investors should monitor if large disbursements affect Cranex's working capital position.