Announced Thu, 25 Jun · 17:34 IST
Plaza Wires secures Rs 4.82 crore working capital loan from PNB under ECLGS 5.0
PLAZACABLE · price
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Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹47.00
prior close
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base price
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AI summary
Plaza Wires Limited has signed a loan agreement with Punjab National Bank on June 25, 2026, for a Working Capital Term Loan of about Rs 4.82 crores (Rs 4,81,95,000) under the government Emergency Credit Line Guarantee Scheme (ECLGS) 5.0. The loan is for business operations and is backed by an unconditional and irrevocable credit guarantee from NCGTC for MSMEs, with charge on existing securities and new assets.
Likely market impact
Government-guaranteed working capital boosts liquidity for operations; low-risk borrowing under ECLGS 5.0 with credit guarantee cover.