Loan & Debt5 Jan 2026, 04:25 pm
Annvrridhhi Ventures Ltd Secures Short-Term Working Capital Loan of INR 12.75 Crore from State Bank of India
AI Summary
Annvrridhhi Ventures Ltd (formerly J. Taparia Projects Limited) has executed an agreement with State Bank of India for a short-term working capital loan of INR 12.75 crore. The loan will be used to meet the working capital requirements of the business. The agreement was executed on 03 January 2026. The loan is secured by personal guarantees from the company's promoters and directors, and is supported by mortgage of immovable properties and hypothecation of raw materials, stock, finished goods, and receivables/book debts.
Key Highlights
- Annvrridhhi Ventures Ltd secures a short-term working capital loan of INR 12.75 crore from State Bank of India.
- The loan will be used to meet the working capital requirements of the business.
- The agreement was executed on 03 January 2026.
- The loan is secured by personal guarantees from the company's promoters and directors.
- The security for the loan includes mortgage of immovable properties and hypothecation of raw materials, stock, finished goods, and receivables/book debts.