Awfis Space Solutions Ltd sanctioned Rupee Term Loan Facility of Rs. 80 crores

Awfis Space Solutions Limited has been sanctioned a Rupee Term Loan facility of INR 800.00 million, which includes a dropline overdraft limit of INR 300.00 million. The purpose of the facility is to fund capital expenditures for existing centers, establish new centers, and for reimbursement of eligible expenditures. The company plans to utilise the facility as per future business requirements.

The principal amount of the facility shall be repaid within maximum 48 equal monthly installments, commencing from the date of disbursement of first tranche.

Shares of Awfis Space Solutions Limited was last trading in BSE at Rs. 653.55 as compared to the previous close of Rs. 643.00. The total number of shares traded during the day was 18338 in over 1276 trades.

The stock hit an intraday high of Rs. 662.90 and intraday low of 641.90. The net turnover during the day was Rs. 11967589.00.

Source : Equity Bulls

Keywords

AwfisSpaceSolutions INE108V01019 RupeeTermLoanFacility