Indo National Limited Approves Additional ₹70 Lakh Loan to Aidin Technologies
Indo National Limited's Board of Directors approved an additional loan of ₹70 lakhs to Aidin Technologies Private Limited on March 17, 2026, bringing total lending to ₹10.70 crores. The short-term facility supports working capital requirements and is secured through personal guarantees from promoters and share pledges valued at 1.87 times the loan amount based on ₹75 crores pre-money valuation. The agreement includes enforcement provisions allowing insolvency proceedings if repayment fails within eight months.

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Indo National Limited has disclosed the approval of an additional loan facility to Aidin Technologies Private Limited, marking a significant expansion of their lending relationship. The company's Board of Directors sanctioned the supplemental loan of ₹70 lakhs on March 17, 2026, following regulatory disclosure requirements under SEBI regulations.
Loan Structure and Terms
The additional financing brings the total loan exposure to substantial levels, with comprehensive security arrangements in place. The loan agreement was executed on March 17, 2026, with specific terms designed to protect the lender's interests.
| Parameter: | Details |
|---|---|
| Additional Loan Amount: | ₹70 lakhs |
| Previous Loan (October 7, 2025): | ₹10 crores |
| Total Loan Facility: | ₹10.70 crores |
| Purpose: | Working capital requirements |
| Borrower Location: | Bengaluru |
Security and Guarantee Framework
The loan arrangement incorporates multiple layers of security to mitigate lending risks. Personal guarantees have been provided by Aidin Technologies' promoters, namely Mr. Harish Harohalli Vishwamurthy and Vinay Chandran KM. Additionally, Mr. Harish Harohalli Vishwamurthy has pledged shares equivalent to 1.87 times the disbursed loan amount, calculated based on a pre-money equity valuation of ₹75 crores.
The agreement includes specific enforcement mechanisms, granting Indo National the right to initiate insolvency proceedings against the borrower and its founders before the NCLT under applicable IBC provisions if repayment fails within eight months from disbursement.
Borrower Profile
Aidin Technologies Private Limited operates as the borrowing entity, with its registered office located at Balaji Complex Muneshwara Layout, Kudlu, Bengaluru. The company requires the additional funding specifically for working capital purposes, indicating ongoing business operations and expansion activities.
Regulatory Compliance
The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and follows SEBI Circular guidelines dated July 13, 2023. The transaction does not involve any related party relationships, as confirmed in the regulatory filing. Indo National has provided comprehensive details including loan terms, security arrangements, and borrower information as required under applicable regulations.
Historical Stock Returns for Indo National
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.18% | -7.27% | -20.85% | -40.95% | -34.69% | -22.23% |






























