Indo National Limited Approves Additional ₹70 Lakh Loan to Aidin Technologies

1 min read     Updated on 17 Mar 2026, 06:03 PM
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Reviewed by
Radhika SScanX News Team
Overview

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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*this image is generated using AI for illustrative purposes only.

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 Day5 Days1 Month6 Months1 Year5 Years
-0.18%-7.27%-20.85%-40.95%-34.69%-22.23%

Indo National Ltd Appoints Arun Sriram as Chief Marketing Officer

1 min read     Updated on 16 Mar 2026, 04:29 PM
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Reviewed by
Radhika SScanX News Team
Overview

Indo National Ltd appointed Mr. Arun Sriram as Chief Marketing Officer effective March 16th, 2026, as announced to NSE and BSE under SEBI Regulation 30. Sriram brings over 16 years of experience in FMCG, startups, and digital growth strategy, having served as General Manager at iD Fresh Food and co-founded B2B e-commerce platform PinkBlue.in. His career began at ITC Limited managing leading brands, and he currently works as an independent growth strategy consultant.

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*this image is generated using AI for illustrative purposes only.

Indo National Ltd has announced the appointment of Mr. Arun Sriram as Chief Marketing Officer (CMO), marking a significant addition to its leadership team. The appointment became effective from March 16th, 2026, as communicated to the National Stock Exchange and BSE Limited under Regulation 30 of SEBI Listing Regulations.

Leadership Appointment Details

The company formally notified stock exchanges about this key executive appointment, providing comprehensive details as required under SEBI regulations. The appointment represents Indo National's strategic focus on strengthening its marketing leadership capabilities.

Parameter: Details
Position: Chief Marketing Officer (CMO)
Effective Date: March 16th, 2026
Appointment Type: New Leadership Role
Regulatory Compliance: SEBI Regulation 30

Professional Background and Experience

Mr. Arun Sriram brings extensive experience spanning over 16 years across FMCG, startups, and digital growth strategy sectors. His career trajectory demonstrates strong expertise in category management, brand strategy, and business scaling operations.

His most recent role was as General Manager & Category Head at iD Fresh Food, where he was responsible for driving growth, revenue, and profitability across key product categories. This experience in the food industry provides valuable insights for Indo National's business operations.

Entrepreneurial and Corporate Experience

Sriram's entrepreneurial background includes co-founding PinkBlue.in, a B2B e-commerce platform focused on medical supplies. This startup experience adds a digital commerce perspective to his professional portfolio.

He began his corporate career with ITC Limited, where he managed leading brands and gained foundational experience in brand management. Currently, he works as an independent consultant, advising companies on their growth strategies.

Key Professional Highlights

  • Over 16 years of experience in FMCG and digital sectors
  • Leadership roles in category management and brand strategy
  • Experience in driving revenue and profitability growth
  • Entrepreneurial background in B2B e-commerce
  • Independent consulting expertise in growth strategies
  • Strong foundation in brand management from ITC Limited

Regulatory Compliance

The appointment disclosure follows SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015, ensuring full regulatory compliance. The company confirmed that there are no relationships between directors that require disclosure under current regulations.

The appointment information has been made available on the company's website at www.nippo.in , maintaining transparency with stakeholders and investors.

Historical Stock Returns for Indo National

1 Day5 Days1 Month6 Months1 Year5 Years
-0.18%-7.27%-20.85%-40.95%-34.69%-22.23%

More News on Indo National

1 Year Returns:-34.69%