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Onesource Industries and Ventures Limited has executed a loan agreement with Arix Capital Limited for up to Rs. 5 Cr to support its working capital and other needs. The loan carries a fixed interest rate of 8% per annum, calculated monthly, and the rate remains unchanged for the entire loan tenure. The transaction does not affect the company's management or control, involves no related parties, and imposes no restrictions or additional liabilities on the company. This financing move is aimed at strengthening operational liquidity without impacting shareholder interests.
All announcements from Onesource Industries And Ventures Ltd