ICDS Debt & Borrowing: ₹5 Cr
ICDS Limited approved an unsecured inter-corporate loan of up to ₹5 Crore to Manipal Energy and Infratech Limited. The loan carries an interest rate of 12% p.a. and is repayable within 12 months. This non-related party transaction aims to provide financial assistance while earning interest income.
- Value
- ₹5.00 Cr
- Execution
- 12 months