Its a related party transaction duly reported in the annual report (FY22). Overall outstanding amount as of March 31, 2022 is INR 22.6 cr. On the interest rate, following is mentioned in the annual report:
“The loan given to related parties is made in the ordinary course of business and on terms at arm’s length price. Outstanding balances at the year-end is unsecured and will be settled in cash and cash equivalents.”
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