Outcome of the meeting of Board of Directors pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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The Board of Directors of Aelea Commodities Ltd, at its meeting held on 26th February 2026, approved credit facilities worth Rs. 29.15 crore from State Bank of India. This includes Rs. 1.15 crore towards an outstanding existing term loan, Rs. 20.00 crore for taking over existing facilities previously held with HSBC Bank, and Rs. 8.00 crore as an enhancement of credit facilities. The arrangement effectively shifts the company's primary banking relationship from HSBC to SBI while increasing its overall credit limit. The board meeting commenced at 4:00 p.m. and concluded at 5:00 p.m.
This expands the company's available credit by Rs. 8 crore and consolidates its banking with SBI, which should improve funding flexibility for operations. Shareholders may view this positively as it signals continued banker confidence and improved liquidity access, though the specific use of the enhanced facility is not disclosed.