20 Microns Ltd. Provides ₹2 Crore Loan to Associate Company
20 Microns Limited announced on March 27, 2026, that it has entered into a loan agreement with Sievert 20 Microns Building Materials Private Limited, a joint venture and associate company, for a shareholder/inter-corporate loan of ₹2,00,00,000 (Rupees Two Crore only).The transaction, which qualifies as a related party transaction, was approved by the company's audit committee. 20 Microns Limited holds a 40% equity stake in Sievert 20 Microns Building Materials Private Limited, with Sievert Baustoffe Auslandsbeteiligungen GmbH holding the remaining 60%.
The loan carries an interest rate of 6.50% per annum and has a tenure of five years. The borrower may prepay the loan according to the agreement’s terms.
The agreement was made pursuant to approval from the company's shareholders obtained through a postal ballot on March 9, 2026. The loan is unsecured.
Details of the loan agreement are summarized in the table below:
| Particulars | Details |
|---|---|
| Parties Involved | 20 Microns Limited (Lender) and Sievert 20 Microns Building Materials Private Limited (Borrower) |
| Loan Purpose | To support business operations and working capital requirements |
| Loan Amount | ₹2,00,00,000 (Rupees Two Crore only) |
| Interest Rate | 6.50% per annum |
| Loan Tenure | Five (5) years |
Additional details about the agreement are available on the company's website at www.20microns.com.
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