
Loan & Debt19 Sept 2026, 12:30 pm
Zeal Aqua Enhances Credit Facilities by ₹43.96 Cr to ₹249.96 Cr
AI Summary
Zeal Aqua Limited's Board of Directors has approved the enhancement of credit facilities sanctioned by a consortium of banks led by Punjab National Bank (PNB). The aggregate credit facilities have been increased from ₹206.00 Crore to ₹249.96 Crore, representing an enhancement of ₹43.96 Crore. These enhanced facilities include working capital, term loan, and ECLGS-related facilities, crucial for the company's business and working capital requirements. The approval was granted during a board meeting held on September 18, 2026. The facilities are secured by hypothecation of current and movable assets, and mortgage/charge over immovable properties.
Key Highlights
- Board approved enhancement of credit facilities by ₹43.96 Cr.
- Total credit facilities now stand at ₹249.96 Cr.
- Facilities include working capital and term loans.
- PNB Consortium led by Punjab National Bank is the lender.
- Enhanced credit to support business and working capital needs.
Price Impact
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