Announced Mon, 29 Jun · 17:19 IST
Board approves 80 Cr loan from Aditya Birla Capital, refinances existing debt
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.1%1-day move
₹126.10
prior close
₹126.10
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0———+3.1+3.1+0.0+3.6+2.3-0.3+2.5———
Up moveDown movePending
AI summary
Baroda Rayon Corp's board on June 29, 2026 approved a secured term loan of 80 Crore from Aditya Birla Capital (ABCL). The facility covers refinancing of an existing consortium loan of 32.06 Crore taken from three co-operative banks (Mehsana Urban, Sutex, and Surat National) plus a fresh term loan of 47.94 Crore. The deal consolidates multiple lenders into one.
Likely market impact
Existing co-operative bank debt is refinanced under one larger lender, which may ease servicing but raises total borrowings and lender concentration.