Godavari Drugs Ltd Approves ₹340M Working Capital Limit from ICICI Bank

Godavari Drugs Limited's Board of Directors, in a meeting held on October 14, 2026, approved availing working capital limits of up to ₹340 Million (₹34 Crore) from ICICI Bank Limited. The approval includes a temporary overdraft facility and creation of security as stipulated by the bank. Mr. Mukund Kakani, Managing Director, has been authorized to finalize and execute the necessary documentation. These facilities fall within the borrowing limits previously approved by the company's members.