Bondada Engineering Ltd receives sanction for enhanced credit facilities from Bank of Baroda

Bondada Engineering Limited has received sanction from Bank of Baroda for enhancement in the existing credit facilities.

The details are as under:

- Name of the Bank: Bank of Baroda
- Type of Facility: Fund-based and Non-Fund based Working Capital Facilities
- Total Limits (Existing): ₹50 Crores
- Total Limits (Sanctioned): ₹125 Crores
- Purpose: To meet working capital requirements

The enhancement of limits will further strengthen the Company's ability to execute projects efficiently.

Source : Equity Bulls

Keywords

BondadaEngineering Sanction Enhancement BankofBaroda CreditFacilities