BSEKELTECH Energies LtdMediumNeutral
Announced Wed, 16 Apr · 10:55 IST

Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obiligations and Disclosure Requirements) Regulations, 2015.

New Credit FacilityCredit & Debt View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

KELTECH Energies Ltd has executed an inter-corporate loan agreement with Dolphin Investment Limited, a promoter group entity, on April 16, 2025. The company will act as lender, providing up to INR 15 crores as an unsecured loan at an interest rate of 10.05% for a tenure of 5 years. No security has been offered against the loan, and no amount is currently outstanding as the agreement was just signed. The transaction is classified as a related party transaction but is being carried out at arm's length basis.

Likely market impact

Shareholders should note that the company is lending up to Rs 15 crore to a promoter group entity on an unsecured basis. While the 10.05% interest provides some return, the lack of collateral and related-party nature warrant attention from a corporate governance standpoint.