Jai Balaji Industries Ltd enters into facility agreement with Tata Capital Financial Services Ltd

Jai Balaji Industries Limited has on 12th December, 2023 entered into facility agreement with Tata Capital Financial Services Limited for the below:

- Term loan facility for an aggregate principal amount not exceeding INR 519,00,00,000 (Indian Rupees Five Hundred and Nineteen Crores only) for replacement of the existing debt from Asset Reconstruction Company(s).

- Working capital demand loan for an aggregate principal amount of up to INR 40,00,00,000 (Indian Rupees Forty Crores only).

Shares of Jai Balaji Industries Limited was last trading in BSE at Rs. 684.10 as compared to the previous close of Rs. 651.55. The total number of shares traded during the day was 1354 in over 20 trades.

The stock hit an intraday high of Rs. 684.10 and intraday low of 684.10. The net turnover during the day was Rs. 926271.00.

Source : Equity Bulls

Keywords

JaiBalajiIndustries INE091G01018 FacilityAgreement TataCapitalFinancialServices TermLoan WorkingCapital