Loan & Debt9 Jul 2025, 09:31 pm
Nirlon Ltd's Green Loan Spread Revised by HSBC to 233 bps from 200 bps
AI Summary
Nirlon Ltd, a company that has availed of a Green Loan from The Hongkong and Shanghai Banking Corporation Limited (HSBC), has announced that HSBC has revised the spread for the Green Loan from 200 bps to 233 bps with effect from June 6, 2025. The company is currently in discussions with HSBC regarding this revision. This disclosure is made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Nirlon Ltd has a Green Loan from HSBC.
- HSBC has revised the spread for the Green Loan from 200 bps to 233 bps.
- The revision is effective from June 6, 2025.
- Nirlon Ltd is in discussions with HSBC regarding the revision.
- The disclosure is made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.