BSECompany Update1d ago · 18 Aug 2026, 06:51 pm
Loan Agreement executed for providing loan to subsidiary company.
Radiant Cash Management Services Ltd · 543732
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Radiant Cash Management Services Ltd has renewed its inter-corporate loan arrangement with its subsidiary, Aceware Fintech Services Private Limited, by rolling over the existing outstanding loan and entering into a fresh Loan Agreement. The Company may continue to provide financial assistance to Aceware by way of inter-corporate loan, up to an aggregate outstanding amount of ₹15,00,00,000 (Rupees Fifteen Crores only).
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Radiant Cash Management Services Ltd - 543732 - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements
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RADIANTCMS/Reg30/SE/2026-27
Date: 18.08.2026
To To
Listing Department, Department of Corporate Services,
National Stock Exchange of India Limited BSE Limited
C-1, G-Block, Bandra - Kurla Complex Phiroze Jeejeebhoy Towers, Dalal Street,
Bandra (E), Mumbai – 400 051 Mumbai – 400 001
Scrip Code: 543732, Scrip Symbol: RADIANTCMS
ISIN: INE855R01021
Dear Ma’am(s)/Sir(s),
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“LODR Regulations”) - Renewal of Inter-Corporate Loan Arrangement with
Aceware Fintech Services Private Limited ("Aceware")
Ref: RADIANTCMS/Reg30/SE/2025-26 dated 19-08-2025 and RADIANTCMS/Reg30/SE/2025-26-Addendum
dated 16-09-2025
Pursuant to Regulation 30 read with Part B of Schedule III of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 ("LODR Regulations"), we wish to inform you that the Company has
renewed its existing inter-corporate loan arrangement with its subsidiary, M/s. Aceware Fintech Services
Private Limited ("Aceware"), by rolling over the existing outstanding loan and entering into a fresh Loan
Agreement. Under the renewed agreement, the Company may continue to provide financial assistance to
Aceware by way of inter-corporate loan, up to an aggregate outstanding amount of ₹15,00,00,000 (Rupees
Fifteen Crores only) at any point in time.
In accordance with the provisions of Regulation 30 read with Schedule III of the LODR Regulations and
SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 the salient
terms and conditions of the Loan Agreement executed with Aceware are enclosed as Annexure- 1.
The aforesaid information is also available on the website of the Company at:
www.radiantcashservices.com
Kindly take the above details on record.
Thanking You
For RADIANT CASH MANAGEMENT SERVICES LIMITED
Nithin Tom
Company Secretary
A53056
Annexure-1
Details of the Loan Agreement executed with the M/s Aceware Fintech Services Private Limited as required
under the Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosures
Requirements) Regulations, 2015 SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January
30, 2026.
Sr. Particulars Details
a. Name(s) of parties with whom M/s. Aceware Fintech Services Private Limited (“Aceware”)
the agreement is entered
b. Purpose of entering into the Inter Corporate Loan
agreement
c. Size of agreement Up to INR 15,00,00,000/-
(Indian Rupees Fifteen Crores only)
d. Shareholding, if any, in the entity 58.21%
with whom the agreement is
executed
e. Significant terms of the agreement Interest Rate: Flexible interest rate based on the highest
(in brief) special rights like right to borrowing rate applicable to the Company + 0.10% p.a.,
appoint directors, first right to subject to a rate of not lower than the prevailing yield of
share subscription in case of Government Security closest to the tenure of the loan.
issuance of shares, right to restrict
Tenure: 1 (one) year from the date of execution of this
any change in capital structure etc.
agreement, with the loan being repayable on demand,
subject to a final settlement date.
Purpose: Aceware shall utilise the Loan amount solely for
its lawful principal business activities as permitted under
its constitutional documents and applicable laws.
Security: The loan is unsecured.
Special Rights: No special rights such as right to appoint
directors, pre-emptive rights on share subscription, or
restrictions on changes in capital structure are conferred
under this agreement.
f. Whether, the said parties are Yes.
related to promoter/promoter Promoters/Promoter Group of the Company are
group/ group companies in any interested only to the extent of equity shares held by them
manner. If yes, nature of as registered owners of such shares, to satisfy the statutory
relationship requirement of minimum number of members, and
through directorships held in the Subsidiary as nominee
directors representing the Company.
g. Whether the transaction would Yes, the transaction is at arm’s length basis.
fall within related party
transactions? If yes, whether the
same is done at “arm’s length”
h. In case of issuance of shares to the Not applicable
parties, details of issue price, class
of shares issued
i. In case of loan agreements, details Lender: Radiant Cash Management Services Limited.
of lender/borrower, nature of the
Borrower: Aceware Fintech Services Private Limited
loan, total amount of loan
granted/taken, total amount
Nature of Loan: Unsecured inter-corporate loan repayable
outstanding, date of execution of
on demand
the loan agreement/sanction
letter, details of the security Amount of loan granted:
provided to the lenders / by the INR. Up to INR 15,00,00,000/- (Indian Rupees fifteen
borrowers for such loan or in case Crores only), outstanding at any point in time
outstanding loans lent to a party
or borrowed from a party become Date of execution of Loan Agreement: 18-08-2026
material on a cumulative basis.
Security provided, if any: Nil (Unsecured)
Total Amount of loan outstanding as on date of
disclosure: INR 11,50,00,000/-
Other terms: The Loan Agreement has been executed
pursuant to the renewal of the existing inter-corporate
loan arrangement by way of rollover of the outstanding
loan and execution of a fresh Loan Agreement, without
any increase in the overall sanctioned limit of ₹15 Crores.
Aceware may, at its discretion, make partial repayments
of the outstanding loan at any time during the tenure of
the agreement. Such repayments shall not preclude
further disbursements by the Company, subject to the
overall sanctioned limit of ₹15 Crores and at the
discretion of the Company. The outstanding loan,
together with all accrued interest, costs, charges and
other amounts payable, shall be repaid in full on or before
the Final Settlement Date or earlier, if demanded by the
Company in accordance with the terms of the Loan
Agreement.
j. Any other disclosures related to Nil
such agreements, viz., details of
nominee on the board of
directors of the listed entity,
potential conflict of interest
arising out of such agreements,
etc.
k. In case of rescission, amendment Not Applicable, since this disclosure pertains to the execution
or alteration, listed entity shall of a new Loan Agreement pursuant to the renewal of the
disclose additional details to the existing inter-corporate loan arrangement and does not
stock exchange(s): involve any rescission, amendment or alteration of an existing
i. name of parties to the agreement; agreement.
ii. nature of the agreement;
iii. date of execution of the
agreement;
iv. details of amendment and
impact thereof or reasons of
termination and impact thereof
For RADIANT CASH MANAGEMENT SERVICES LIMITED
Nithin Tom
Company Secretary
A53056