Business Update29 Mar 2024, 04:44 pm
Wardwizard Innovations & Mobility Limited Secures Approval for Short-Term Working Capital Loan from Shriram Finance Limited
AI Summary
The Board of Directors of Wardwizard Innovations & Mobility Limited held a meeting on March 29, 2024, and approved the availment of a Short-Term Working Capital Loan of Rs. 7,00,00,000/- (Rupees Seven Crores only) from Shriram Finance Limited. The terms and conditions of the loan are yet to be mutually agreed upon.
Key Highlights
- Approval granted for short-term working capital loan
- Amount: Rs. 7,00,00,000/- (Rupees Seven Crores only)
- Lender: Shriram Finance Limited
- Agreement details available on the Company’s website www.wardwizard.in