Digilogic Systems Ltd Repays Indian Bank Term Loan of Rs. 8.42 Crores Using IPO Proceeds

Digilogic Systems Ltd has fully repaid its outstanding Term Loan facility taken for Project Udaan from Indian Bank on 31.01.2026, utilizing the proceeds from the Company’s recent Initial Public Offering (IPO). The total amount outstanding in this Term Loan was Rs. 8.42 Cr. This was repaid through a combination of Rs. 8 Cr from IPO Proceeds and the balance Rs. 0.42 Cr from Internal Accruals. The prepayment aligns with the stated objectives of the IPO. Project Udaan is on track for completion by end of FY28. The full repayment significantly reduces the company's debt and financing costs, freeing up capital that will be strategically deployed to accelerate core growth initiatives in the defence and aerospace sectors. The company is confident of achieving 20-25% growth in topline, 30-35% growth in EBITDA, and 40-45% growth in PAT in FY26.