Loan & Debt2 Nov 2026, 08:51 pm
Annvrridhhi Ventures Ltd Secures ₹25.1 Cr Working Capital Loan
AI Summary
Annvrridhhi Ventures Ltd has entered into a Credit Facility agreement with Punjab National Bank, executed on November 2, 2026. The company will avail a short-term and long-term working capital loan facility amounting to ₹25,10,00,000 (Rupees Twenty-Five Crore Ten Lakhs only) to meet its business working capital requirements. The agreement involves personal guarantees from key promoters and directors, a corporate guarantee from Swanayra Global LLP, mortgage of immovable properties, and hypothecation of current assets.
Key Highlights
- Annvrridhhi Ventures Ltd secured a working capital loan facility.
- The loan amount is ₹25.10 Crore from Punjab National Bank.
- The facility is for short-term and long-term working capital needs.
- Personal and corporate guarantees are provided as security.
- Immovable properties and current assets are mortgaged/hypothecated.
Price Impact
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