Aprameya Engineering Secures Rs 5.84 Crores Working Capital Term Loan from Punjab National Bank
Aprameya Engineering Limited has finalized a loan agreement with Punjab National Bank to secure a working capital facility for its business operations. The agreement, dated June 24, 2026, provides the company with essential credit required for its core business purposes.The collaboration between Aprameya Engineering Limited and Punjab National Bank is intended to obtain necessary credit under the terms of a Working Capital Term Loan through ECLGS 5.0. This facility totals Rs 5.84 Crores.
Key details regarding the loan agreement are as follows:
| Parameter | Details |
|---|---|
| Lender | Punjab National Bank |
| Borrower | Aprameya Engineering Limited |
| Loan Facility Type | Working Capital Term Loan under ECLGS 5.0 |
| Amount of Loan | Rs 5.84 Crores |
| Date of Agreement | 24/06/2026 |
The transaction does not involve related parties, and the arrangement falls outside related party transactions, confirming that all terms are conducted at arm's length. The companies involved in the agreement are Aprameya Engineering Limited and Punjab National Bank.
To secure the Rs 5.84 Crores working capital loan, various materials have been pledged as collateral. These assets include manufacturing material, raw materials (including excisable raw materials), stock in process, semi-finished goods including bought out goods. The security package also comprises book debts, outstanding decrees, money receivables, government subsidies, claims, bill contracts, and investments. Furthermore, the loan is secured by a mortgage of immovable properties belonging to Aprameya Engineering Limited.
APRAMEYA Stock Price Movement
On Thursday, shares of Aprameya Engineering Limited shed 1.15% to settle at ₹151 after trading activity throughout the session. The stock saw a volume of 10,000 shares exchanged during the day’s trading period.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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