Loan & Debt31 Dec 2025, 05:34 pm
Century Extrusions Ltd Executes Credit Facility Agreement with Bandhan Bank
AI Summary
Century Extrusions Ltd has executed a Credit Facility Agreement with Bandhan Bank for the purpose of working capital. The agreement is for an amount of Rs. 18 Crore. The agreement is a special Hypothecation Agreement with no special rights given to Bandhan Bank Limited. The entire Current Assets and Fixed Assets of the Company, including Land & Building, are charged as security for the loan. The loan is a Working Capital Loan with an outstanding amount of Rs. 18 Crore.
Key Highlights
- Century Extrusions Ltd has executed a Credit Facility Agreement with Bandhan Bank.
- The purpose of the agreement is for working capital.
- The agreement is for an amount of Rs. 18 Crore.
- The entire Current Assets and Fixed Assets of the Company, including Land & Building, are charged as security for the loan.
- The loan is a Working Capital Loan with an outstanding amount of Rs. 18 Crore.