<h1>Baroda Rayon Corporation Secures 80 Crore Term Loan Facility from Aditya Birla Capital Limited</h1>
Baroda Rayon Corporation Ltd has secured a secured term loan facility aggregating to 80.00 Crore from Aditya Birla Capital Limited (ABCL). The facility was approved following a Board Meeting held on Monday, June 29, 2026.
The agreement with ABCL encompasses multiple components designed to strengthen the company's financial structure. This includes a fresh term loan amounting to 47.94 Crore. Additionally, the arrangement involves taking over and refinancing the corporation's existing consortium loan facility totaling 32.06 Crore.
The existing consortium loan, which is being refinanced by ABCL, was previously availed from The Mehsana Urban Co-operative Bank Ltd., The Sutex Cooperative Bank Ltd., and Surat National Co-operative Bank Ltd. The terms and conditions of the new secured term loan facility are set out in the sanction letter and definitive loan documents executed or to be executed with ABCL.
Stock Price Movement
Baroda Rayon Corporation Ltd finished down by 2.47% as of the close of trade on Monday, settling at ₹126.55. Throughout the trading day, the shares ranged between a low of ₹126.05 and an intraday high of ₹131.95.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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