Cranex Ltd Loan Agreement

Cranex Limited has entered into an inter-corporate loan agreement with Kalyan Capitals Limited, providing up to Rs 3 crore.

Key Details of the Loan

Cranex Limited will lend up to Rs 3,00,00,000 to Kalyan Capitals Limited. The loan agreement was executed on May 21, 2026, carrying an interest rate of 9% per annum. The loan is repayable on demand, with the borrower having the flexibility to make full or partial repayments. Listed equity shares will be provided as security by Kalyan Capitals Limited.

Financial Implications for Cranex Ltd

This agreement offers Cranex Limited a new way to deploy its funds, potentially generating interest income. The security for the loan involves listed equity shares, which could mean a future change in shareholding for the borrower if the loan is not repaid and the shares are called upon.

Cranex Ltd's Background

Cranex Limited is a manufacturer of engineering tools. Information regarding its past inter-corporate lending or significant treasury operations is not easily found in recent public filings.

Impact on Cranex Ltd

The company now has a new inter-corporate lending arrangement that could influence its treasury operations and create interest income. Shareholders are advised to track the loan's repayment status and any potential calls on the provided security.

Potential Risks

The main risk is the borrower's ability to repay the loan on demand. If this does not happen, the lender may have to invoke the security, which are listed equity shares. This could affect the shareholding pattern of the borrower or the value of the collateral.

Context Metrics

• Loan Amount: Up to Rs 3,00,00,000
• Interest Rate: 9% per annum
• Execution Date: May 21, 2026
• Outstanding Amount: NIL (as on execution)