Announced Tue, 30 Jun · 21:22 IST
Unisem Agritech shifts banking facilities from Federal Bank to Karnataka Bank
Price
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Price reaction · full curve 14 horizons · vs prior close
-2.0%1-day move
₹50.01
prior close
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base price
After-mkt
timing
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AI summary
Unisem Agritech has shifted its banking facilities from Federal Bank to Karnataka Bank, board approved on May 25, 2026, documents executed on June 30, 2026. Aggregate facilities of Rs 21.69 crores sanctioned - two term loans totaling Rs 4.17 crores, DPN loan of Rs 3.92 crores, and overdraft of Rs 13.60 crores. Move aimed at better banking services and operational efficiency. Company says no adverse impact on operations.
Likely market impact
Routine banking relationship shift. New aggregate credit facility of Rs 21.69 crores from Karnataka Bank replaces existing Federal Bank facilities.