Axis Solutions Limited Secures Rs. 25.00 Crores Working Capital Facility
Axis Solutions Limited announced on March 27, 2026, that it has executed a Deed of Hypothecation with Vivriti Capital Limited to avail a working capital facility of Rs. 25.00 crores. The facility is intended to support the expansion of the company’s operations.The agreement, entered into between Axis Solutions Limited and Vivriti Capital Limited, includes a subservient and continuing charge on the company’s assets, including current assets with book debt and movable fixed assets. Additionally, a first-ranking exclusive charge has been established on a debt service reserve account, representing 15.77% of the facility amount, as an interest-free security deposit.
Key details of the agreement are presented below:
| Particulars | Details |
|---|---|
| Name(s) of parties | Axis Solutions Limited (Borrower) and Vivriti Capital Limited (Lender) |
| Purpose | Expand operations of business |
| Size of agreement | Rs. 25,00,00,000/- (Rupees Twenty-Five Crores only) |
| Shareholding | Not Applicable |
| Significant terms | A subservient and continuing charge on entire assets and a first-ranking exclusive charge on the debt service reserve account/cash collateral of 15.77% of the facility amount |
| Related party | Not Applicable |
| Transaction as related party transaction | Not a Related Party |
| Issuance of shares | Not Applicable |
| Loan details | Lender: Vivriti Capital Limited; Borrower: Axis Solutions Limited; Nature of Facility: Working Capital Facility; Total amount: Rs. 25,00,00,000/-; Date of execution: March 27, 2026; Security: Charge on assets and debt service reserve account |
| Other disclosures | Not Applicable |
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