Shankar Lal Rampal Dye-Chem Limited has informed the Exchange regarding Outcome of Board Meeting held on February 23, 2026.
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The board of Shankar Lal Rampal Dye-Chem Limited met on February 23, 2026, and approved the renewal of a working capital facility of ₹290 million along with a ₹25 million derivative facility from ICICI Bank, taking the overall renewed facility to ₹315 million. The board also noted the minutes and decisions of various committees. The meeting was brief, lasting only 15 minutes (3:00 PM to 3:15 PM).
The renewal of the credit line from a major private bank like ICICI Bank indicates continued lender confidence in the company and ensures uninterrupted working capital for day-to-day operations. For shareholders, this is a routine but reassuring development, though no material expansion in credit limits was announced.