
Loan & Debt2 Nov 2026, 08:51 pm
Annvrridhhi Ventures Secures ₹25.10 Cr Working Capital Loan
AI Summary
Annvrridhhi Ventures Ltd has executed a Credit Facility agreement with Punjab National Bank for a Short-Term and Long-Term Working Capital loan facility amounting to ₹25,10,00,000 (Rupees Twenty-Five Crore Ten Lakhs only). The loan is intended to meet the company's working capital requirements. Significant terms include personal guarantees from promoters and directors, corporate guarantee from Swanayra Global LLP, mortgage of immovable properties, and hypothecation of current assets and receivables.
Key Highlights
- Annvrridhhi Ventures secured a ₹25.10 Crore working capital loan.
- The loan facility is from Punjab National Bank.
- Personal guarantees and property mortgages secure the loan.
- The funds will be used for working capital requirements.
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