Super Iron Foundry Ltd Grants ₹4,50,00,000 Term Loan to Wholly Owned Subsidiary SIF International FZE
Super Iron Foundry Ltd disclosed on May 13, 2026, the grant of a term loan of ₹4,50,00,000 (Rupees Four Crore Fifty Lakhs) to its wholly owned subsidiary SIF International FZE for working capital purposes. This disbursement represents the first tranche of a total loan agreement valued at ₹15,00,00,000 (Rupees Fifteen Crore), structured as a five-year term loan with no security provided. The disclosure was made under Regulation 30 of the SEBI Listing Regulations and filed with BSE Limited.

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Super Iron Foundry Ltd has made a regulatory disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, informing stock exchanges of a term loan granted to its wholly owned subsidiary. The company extended a loan of ₹4,50,00,000 (Rupees Four Crore Fifty Lakhs) to SIF International FZE on May 13, 2026, to support the subsidiary's working capital requirements. The disclosure was filed in compliance with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
Loan Agreement Details
The loan agreement has been entered into between Super Iron Foundry Ltd as the lender and SIF International FZE as the borrower. The first tranche disbursed amounts to ₹4,50,00,000, which also represents the total amount currently outstanding under the arrangement. The following table summarises the key terms of the loan as disclosed:
| Parameter: | Details |
|---|---|
| Lender: | Super Iron Foundry Ltd |
| Borrower: | SIF International FZE |
| Nature of Loan: | Term Loan |
| Total Loan Agreement Size: | ₹15,00,00,000 (Rupees Fifteen Crore only) |
| First Tranche Amount: | ₹4,50,00,000 (Rupees Four Crore Fifty Lakhs only) |
| Total Amount Outstanding: | ₹4,50,00,000 (Rupees Four Crore Fifty Lakhs only) |
| Date of Execution: | May 13, 2026 |
| Loan Term: | 05 years |
| Security Provided: | NA |
Purpose and Relationship
The loan has been granted specifically to meet the working capital requirements of SIF International FZE. As a wholly owned subsidiary of Super Iron Foundry Ltd, SIF International FZE is the sole counterparty to this agreement. The disclosure notes that the transaction does not involve any issuance of shares, and no special rights such as the right to appoint directors or restrict changes in capital structure have been conferred as part of this arrangement.
Regulatory Compliance
The disclosure was submitted to BSE Limited in accordance with Regulation 30 read with Para B of Part A of Schedule III of the SEBI Listing Regulations. The company has confirmed that there are no other disclosures related to nominee board appointments, potential conflicts of interest, or termination and amendment provisions applicable at this stage. The filing was signed by Prashil Singh, Company Secretary and Compliance Officer (Membership No.: A78711), on behalf of Super Iron Foundry Ltd.
Historical Stock Returns for Super Iron Foundry
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.63% | +3.58% | +20.91% | +11.37% | +34.57% | -53.22% |
When does Super Iron Foundry plan to disburse the remaining ₹10.50 crore tranches to SIF International FZE, and what milestones will trigger each subsequent disbursement?
How might the unsecured nature of this ₹15 crore loan facility impact Super Iron Foundry's balance sheet and credit ratings if SIF International FZE faces financial difficulties?
What are SIF International FZE's revenue projections and business expansion plans that necessitate this working capital support, and how will they affect Super Iron Foundry's consolidated financials?


































