GNG Electronics Limited Enhances Working Capital Facility with ICICI Bank
GNG Electronics Limited announced on March 23, 2026, that it has entered into a supplemental and amendatory agreement with ICICI Bank Limited. The agreement, executed on March 10, 2026, enhances the overall limits from 400 million Indian Rupees to 720 million Indian Rupees.The facility will be utilized to meet the working capital requirements of the company. A tabular representation of the agreement details is provided below:Sr. No.ParticularsDetails1Name of partiesICICI Bank Ltd2PurposeMeeting working capital requirements3Size of agreement720,000,000 Indian Rupees4ShareholdingNil5Significant termsThe agreement does not contain terms relating...