Announced Thu, 25 Jun · 16:37 IST
Board approves Rs 4.09 cr working capital loan from HDFC Bank
ACSTECH · price
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Price reaction · full curve 14 horizons · vs prior close
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₹44.83
prior close
₹47.07
base price
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AI summary
The board approved an additional working capital term loan of Rs 4.09 crore from HDFC Bank under the ECLGS 5.0 scheme. This raises total banking facilities to Rs 48.74 crore. The loan is secured by extending existing securities. Separately, a CSR Committee was constituted with three members for FY 2026 onwards.
Likely market impact
New debt adds leverage but supports working capital needs. Total banking facilities rise to Rs 48.74 crore.