Kanchi Karpooram executed an unsecured inter-corporate loan agreement of ₹1.6 crore to Awesome Builders Private Limited.
The loan carries an annual interest rate of 12% and is not a related party transaction as per SEBI regulations.
Disclosure made under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements, 2015.
The transaction was approved by the board and does not involve any shareholding or special rights between parties.