Announced Sat, 27 Jun · 12:23 IST
MMP Industries Board Approves ECGLS Credit Facility for Working Capital
MMP · price
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Price reaction · full curve 14 horizons · vs prior close
-0.1%1-day move
₹281.20
prior close
₹279.80
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.4-0.1+0.1-1.9-0.1-2.6-2.2-1.5-3.2+0.3+0.4———
Up moveDown movePending
AI summary
MMP Industries board on June 27, 2026 approved seeking financial assistance from banks or financial institutions under the Emergency Credit Line Guarantee Scheme (ECGLS.5) for working capital needs. Specific loan amount has not been disclosed in this filing.
Likely market impact
New working capital line being arranged via government-backed ECGLS scheme; may ease liquidity but signals the company needs additional funds.