Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, this is to inform that the company has entered into loan agreement ....
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Rajasthan Gases Limited has entered into a loan agreement with Neuzen Finance Private Limited, an NBFC, to avail an unsecured business loan of Rs. 20 crore for the company's business activities. The loan agreement and sanction letter were both executed on 8th May 2025, and no security or collateral has been provided against the loan. The filing describes this as a related party transaction executed at arm's length, although it also states the lender is not related to the promoter or promoter group, which is worth noting. The disclosure was made under SEBI LODR Regulation 30, with detailed terms enclosed as Annexure A.
Shareholders should note that the company is taking on Rs. 20 crore of unsecured debt from an NBFC, which increases leverage but provides funding for business expansion. The unsecured nature of the loan and its classification as a related party transaction may be points of interest for investors monitoring the company's capital structure and related-party dealings.