Century Extrusions Limited has informed the Exchange about Agreements
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Century Extrusions Limited has signed a new Credit Facility Agreement with Bandhan Bank Limited on December 31, 2025, for a total amount of Rs. 18 Crore (Fund Based + Non-Fund Based). The facility is meant for working capital purposes, and the entire Rs. 18 Crore is currently outstanding. As security, the company has offered a first pari passu charge on all current assets along with other lenders, a charge on fixed assets including land and building, and a pledge of shares held by promoters Smt. Moulshree Jhunjhunwala and Shri Shivanshu Jhunjhunwala. Personal guarantees have also been given by promoters Shri Vikram Jhunjhunwala and Shri Shivanshu Jhunjhunwala. The bank has not received any special rights, and the transaction is not a related party deal.
The new Rs. 18 Crore working capital facility strengthens the company's short-term liquidity but also adds to its debt obligations, with promoter personal guarantees and share pledges indicating significant promoter-level commitment to the loan.