Investment1 Apr 2026, 03:25 pm
Desco Infratech Ltd. Secures Enhanced Credit Facilities from YES Bank Limited
AI Summary
Desco Infratech Ltd. has announced the receipt of enhanced credit facilities from YES Bank Limited, which includes an increase in the working capital facilities such as Bank Guarantee and Cash Credit. The existing sanctioned limit of Rs. 11.25 Cr has been increased to Rs. 18.00 Cr. This enhancement will strengthen the company's liquidity position, improve operational efficiency, and support its growth and expansion plans.
Key Highlights
- Desco Infratech Ltd. has received sanction for enhanced credit facilities from YES Bank Limited.
- The enhanced facilities include an increase in working capital facilities such as Bank Guarantee and Cash Credit.
- The existing sanctioned limit of Rs. 11.25 Cr has been increased to Rs. 18.00 Cr.
- This enhancement will strengthen the company's liquidity position and improve its operational efficiency.
- The increased credit facilities will support the company's growth and expansion plans.