Super Iron Foundry Ltd has announced a significant loan agreement with Poonawalla Fincorp Limited, securing ₹4,47,42,636 for working capital requirements. The company disclosed this development on March 30, 2026, in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Loan Agreement Details

The comprehensive loan facility represents a strategic financial move to strengthen the company's operational capabilities. The agreement establishes Poonawalla Fincorp Limited as the lender and Super Iron Foundry Ltd as the borrower for this substantial working capital arrangement.

Purpose and Security Arrangements

The loan facility is specifically designated for meeting the working capital requirements of the company and its subsidiaries. This funding will support the operational needs and business activities of Super Iron Foundry Ltd across its manufacturing operations.

The loan is secured by a charge on property located at Shree Vinayak Apartment Flat No. 2E, 2nd Floor, Block A 1, Premises No. 2 Rowland Road, P. S. Ballygunge, Ward No. 69, Under Kolkata Municipal Corporation, Kolkata -700020, West Bengal. This security arrangement covers the facility amount, interest, penal charges, and other associated costs.

Regulatory Compliance and Disclosures

The company has confirmed several important regulatory aspects of this transaction:

• No shareholding exists between the parties
• The transaction does not involve related party relationships
• No shares have been issued in connection with this agreement
• No nominee directors are appointed to the board as part of this arrangement

Super Iron Foundry Ltd, formerly known as Super Iron Foundry Pvt. Ltd., operates as an ISO 9001:2015, ISO 14001:2015, OHSAS 45001:2018, and Kite Mark certified company. The company maintains its registered office in Kolkata and operates manufacturing facilities in Durgapur, West Bengal.

Company Profile

Super Iron Foundry Ltd is recognized as a Three Star Export House by the Government of India, reflecting its significant contribution to the export sector. The company's comprehensive certification portfolio demonstrates its commitment to quality, environmental management, and occupational health and safety standards in its manufacturing operations.

Super Iron Foundry Ltd has announced the successful availing of loans totaling ₹6.10 crores from two prominent financial institutions on January 30, 2026. The company disclosed this development to BSE Limited under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Loan Details and Structure

The financing comprises two separate loan agreements with distinct purposes and terms:

Axis Finance Limited Agreement

The loan agreement with Axis Finance Limited involves a term loan of ₹2.50 crores specifically designated for meeting the company's working capital requirements. The facility carries a tenure of 96 months and is secured against property assets.

Security Provisions for Axis Finance Loan

The loan is secured through multiple mechanisms:

• Property Charge: Exclusive charge on land measuring 419 Decimal (253.495 Cottahs) with structures of 33,000 sq. ft. in Mouza Sarpi, District Paschim Bardhaman
• Personal Guarantees: Provided by Abhishek Saklecha and Akhilesh Saklecha
• Outstanding Amount: ₹4.82 crores total outstanding with the lender

State Bank of India Facility

The second loan arrangement with State Bank of India amounts to ₹3.60 crores, earmarked for the installation of solar modules. This term loan carries an extended tenure of 120 months, reflecting the long-term nature of renewable energy investments.

SBI Loan Security Details

Regulatory Compliance

Both loan agreements comply with SEBI regulations and do not involve any related party transactions. The agreements do not grant special rights to lenders regarding board appointments, share subscriptions, or capital structure restrictions. No shares have been issued to either lender as part of these arrangements.

The disclosure was signed by Ekta Benia, Company Secretary & Compliance Officer (Membership No.: A43551), ensuring proper regulatory compliance and transparency.

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