Wanbury Limited receives term loan facility of Rs. 60 crore from Tata Capital Ltd

Wanbury Limited has received a Term Loan facilities of Rs. 60 crore (Rupees Sixty Crore only) from Tata Capital Limited, Mumbai @ 12.50 % interest per annum repayable over a period of seven years. This information is pursuant to Regulation 30 (6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The funds received by the Company will be utilized towards the long-term working capital requirements and capex requirement.

Shares of Wanbury Limited was last trading in BSE at Rs. 158.40 as compared to the previous close of Rs. 160.25. The total number of shares traded during the day was 22723 in over 941 trades.

The stock hit an intraday high of Rs. 164.45 and intraday low of 157.05. The net turnover during the day was Rs. 3659650.00.

Source : Equity Bulls

Keywords

Wanbury INE107F01022 TermLoanFacility TataCapital