Loan & Debt8 Oct 2026, 05:40 pm
CMR Green Technologies Enhances Credit Facility by ₹17 Cr
AI Summary
CMR Green Technologies Ltd has received approval from Federal Bank Limited to enhance its existing credit facility. The working capital credit facility has been increased from ₹148 crore to ₹165 crore, representing an enhancement of ₹17 crore. This increased facility is intended to support the company's working capital requirements and ongoing business operations. The company will adhere to all statutory and regulatory compliances related to this enhancement.
Key Highlights
- Credit facility enhanced by ₹17 crore.
- New facility limit stands at ₹165 crore.
- Purpose is to meet working capital needs.
- Lender is Federal Bank Limited.
Price Impact
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