Sub: Additional Details required for Corporate Announcement filed under Reg.30 of SEBI (LODR) Regulations, 2015. As per the email communication dated 30/04/2026 received from the Exchange ....
ICDSLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ICDS Limited's Board of Directors, in a meeting held on 29th April 2026, approved an inter-corporate loan of up to Rs.5 crore to Manipal Energy and Infratech Limited. The loan carries an interest rate of 12% per annum and is repayable within 12 months from the date of disbursement. The loan is unsecured with no security provided, and no amount was outstanding as on the date of disclosure. The company has explicitly stated that the borrower is not a related party and the transaction does not fall within related party transactions. The loan agreement was executed on 29th April 2026.
The loan is relatively modest at up to Rs.5 crore and carries standard commercial terms (12% interest, 12-month tenure), with the company confirming it is not a related party transaction. Given the small size and stated arm's length nature, the announcement is unlikely to have a significant immediate impact on the stock price, but investors may monitor any subsequent disbursements or defaults.