Loan & Debt31 Oct 2026, 07:00 pm

Industrial Investment Trust Ltd Approves ₹200 Cr Borrowing Limit

AI Summary

Industrial Investment Trust Ltd's Board of Directors has approved a borrowing limit of up to ₹200 Crores from banks, financial institutions, NBFCs, and other lenders. This borrowing is intended for principal business activities, including onward lending, financing, and meeting operational/working capital requirements. The approval is within the overall shareholder-authorized limit of ₹1,000 Crores. Specific terms and lenders will be determined at the time of actual borrowing.

Key Highlights

Board approved borrowing limit of ₹200 Crores.
Funds for principal business activities and working capital.
Within overall shareholder limit of ₹1,000 Crores.
No specific lender identified at this stage.

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IITL

Non Banking Financial Company (NBFC)

INDUSTRIAL INVESTMENT TRUST LTD.

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