12 Mar 2026 | 5 Mins Read
Nectar Lifesciences secures ₹100-crore loan with Avensis Exports
Flipitmoney
Nectar Lifesciences Ltd entered into a ₹100 crore inter-corporate loan agreement with its wholly-owned subsidiary, Avensis Exports. The 10-year loan carries a 12% interest rate, with no security, and was executed on March 11, 2026. The transaction is considered related-party, but was undertaken at arm's length. Shares ended marginally lower on the NSE.