Loan & Debt25 Jun 2026, 12:24 pm
Gujjubhai Industries Ltd Secures ₹24.17 Cr Loan Facility
AI Summary
Gujjubhai Industries Ltd announced that its Board of Directors, in a meeting held on June 24, 2026, approved availing financial facilities from Axis Bank Limited, NWBC Bangalore. The aggregate amount for these facilities will not exceed INR 24,17,00,000 (Rupees Twenty-Four Crore Seventeen Lakh Only). The board meeting commenced at 7:30 PM and concluded at 11:30 PM. This move indicates the company's strategy to secure funding for its operational or expansion needs.
Key Highlights
- Board approved financial facilities up to ₹24.17 Cr.
- Funding to be sourced from Axis Bank Limited, NWBC Bangalore.
- Board meeting held on June 24, 2026.
- Company formerly known as Sumuka Agro Industries Limited.
Price Impact
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