Loan & Debt4 May 2026, 05:11 pm
Growington Ventures to Avail ₹15 Cr Credit Facility
AI Summary
Growington Ventures India Ltd's board approved obtaining a ₹15 Crore credit facility from Union Bank, increasing its OCC limit from ₹8.5 Crore. Union Bank has taken over the existing loan of ₹8.5 Crore from ICIC Bank. The board meeting was held on May 4, 2026, commencing at 2:30 P.M. and concluding at 2:55 P.M.
Key Highlights
- Growington Ventures to avail ₹15 Cr credit from Union Bank.
- OCC limit increased from ₹8.5 Cr to ₹15 Cr.
- Union Bank takes over ₹8.5 Cr loan from ICIC Bank.
- Board meeting held on May 4, 2026.
Price Impact
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