Announcement under Regulation 30(LODR)
ACSTECH · price
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The Board of Directors of ACS Technologies Ltd approved an enhancement of Rs. 13 crore in credit facilities from HDFC Bank Limited. This takes the aggregate credit facilities to Rs. 44.50 crore from the existing Rs. 39.50 crore. The increase is after deactivation of an adhoc cash credit of Rs. 3 crore and a term loan of Rs. 5 crore. The board meeting was held on March 20, 2026, from 5:45 PM to 6:15 PM. The announcement is made under SEBI LODR Regulation 30.
An enhanced credit line from HDFC Bank gives the company additional working capital headroom, which could support growth or help manage short-term obligations. For shareholders, it signals continued bank confidence in the company, though it also means higher potential debt servicing in the future.