Tulsyan NEC: Approves Mortgage for ₹50 Cr Credit Facility

Tulsyan NEC Ltd's board approved the execution of a registered mortgage for 31.86 acres of unused land at its power plant in favor of a Supplier/Service Provider. This mortgage secures a credit facility of ₹50 Crores, which will support coal supplies, logistics, raw materials, and other services. The credit facility is also backed by a personal guarantee from the Managing Director. The decision was made during the board meeting held on May 02, 2026.