Announced Sat, 4 Jul · 11:52 IST
New working capital loans worth Rs 20.71 Cr under ECLGS 5.0
Price
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Price reaction · full curve 14 horizons · vs prior close
-5.8%1-day move
₹43.00
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-5.8-1.2—-2.3+0.9-0.5+0.0———
Up moveDown movePending
AI summary
Super Iron Foundry has availed credit facilities under the government's ECLGS 5.0 scheme. It took Rs 9.71 Cr from UCO Bank and Rs 11 Cr from Bank of India, totaling about Rs 20.71 Cr. Both are 60-month secured working capital term loans, backed by company property in Durgapur, Burdwan. Loans sanctioned on July 4, 2026 for working capital needs.
Likely market impact
Fresh working capital boosts short-term liquidity for operations, but adds about Rs 20.71 Cr of secured debt to be repaid over 5 years.