BSEKELTECH Energies LtdMediumNeutral
Announced Wed, 16 Apr · 10:58 IST

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

Credit & Debt View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Keltech Energies has entered into an inter-corporate loan agreement with Dolphin Investment Limited (a promoter group entity) on April 16, 2025, with Keltech acting as the lender. The loan amount is up to INR 15 crores, unsecured, carrying an interest rate of 10.05% per annum, with a 5-year tenure extendable by mutual agreement. The transaction qualifies as a related party transaction and has been carried out at arm's length. As of the disclosure date, no amount was outstanding under this facility.

Likely market impact

The company is deploying up to Rs 15 crore as an unsecured loan to a promoter group entity, which ties up funds but earns a steady 10.05% interest. For shareholders, the key concern is counterparty risk given the related-party nature, though the transaction has been declared at arm's length.