General Disclosures Under Regulation 30A of LODR
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Machhar Industries Ltd has taken a vehicle loan of up to Rs. 39.00 Lakhs from HDFC Bank Limited (Aurangabad branch). The loan is a Loan Cum Hypothecation Agreement dated 18th November 2025, taken to purchase a Toyota Innova Hycross Hybrid car. Sandeep Bhagwatiprasad Machhar is the co-borrower. The vehicle itself is hypothecated as security, meaning the bank holds it as collateral. The transaction is not a related party deal and the lender has no special rights like board seats or share subscription privileges.
This is a routine, small-scale borrowing (Rs. 39 Lakhs) for purchasing a company vehicle and is unlikely to materially affect the stock price or shareholders. The loan increases the company's debt marginally but is fully secured against the vehicle being purchased.