Kiri Industries Ltd

Kiri Industries Subsidiary Repays $130M Credit Facility 💰

- Kiri Industries' subsidiary Claronex Holdings fully repaid a $130 million credit facility to lenders Meritz Securities and TCM Asia Private Credit Fund VCC

- All corporate guarantees and security agreements have been released following repayment

- The Facility Agreement (dated August 16, 2024) and Security Documents (dated September 4, 2024) are now terminated as of February 13, 2026

- The transaction involved related parties including promoter Manishkumar P Kiri and step-down subsidiary Indo Asia Copper Limited, conducted on an arm's length basis