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Zeal Aqua Limited has availed a credit facility of Rs. 8.16 Crores from Indian Bank under the government's Emergency Credit Line Guarantee Scheme (ECLGS/ECGL). The loan is a term loan intended to meet the company's working capital and business operation requirements. The loan agreement was executed on 08.06.2026, with the sanction letter dated 06.06.2026. Security for the loan is charged against the company's existing primary and collateral securities, covering both current and fixed assets. No related party or special shareholder rights are involved in this transaction.
This new credit facility provides Rs. 8.16 Crores in working capital support to Zeal Aqua, backed by a government guarantee scheme which reduces lender risk. It is positive for liquidity and business operations but adds to the company's overall debt obligations and interest expenses.