
Loan & Debt6 Jul 2026, 02:30 pm
Zeal Aqua Secures ₹5.47 Cr Working Capital Loan from Axis Bank
AI Summary
Zeal Aqua Limited has availed credit facilities amounting to ₹5,47,00,000 (Rupees Five Crores Forty Seven Lacs Only) from Axis Bank Limited. The loan is under the Emergency Credit Line Guarantee Scheme (ECLGS) and is intended to meet the company's working capital and business operation requirements. The loan agreement was executed on July 4, 2026, with a sanction letter dated June 22, 2026. The loan is secured by a 100% guarantee from NCGTC and charges on existing and newly created assets. No related party transactions or special rights were involved.
Key Highlights
- Zeal Aqua secured a ₹5.47 crore working capital loan.
- Loan obtained from Axis Bank under the ECLGS scheme.
- Funds to support working capital and business operations.
- Loan secured by NCGTC guarantee and asset charges.
Price Impact
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