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Archean Chemical Industries Limited has entered into a loan agreement with its wholly owned subsidiary, Neun Infra Private Limited, to support business activities, specifically focusing on the semiconductor sector and silicon carbide research at IIT Bhubaneswar. The total amount of the loan is ₹20 crore (cr), with an outstanding amount of ₹67 cr. This transaction is classified as a related party transaction and is being conducted at arm’s length, highlighting the company's strategic focus on enhancing its operational capabilities. The company's complete ownership of Neun Infra underlines its commitment to fostering growth in this sector. Investors should monitor this development closely, as it may bolster Archean's market position and create opportunities for future growth.