Current Infraprojects Limited Enhances Credit Facilities with HDFC Bank for Working Capital Needs
Current Infraprojects Limited has successfully enhanced its existing credit facilities availed from HDFC Bank Limited. The funding enhancement is intended to meet the Company's working capital requirements and general corporate or business purposes.The additional credit facility sanctioned amounts to ₹11,00,00,000 (Rupees Eleven Crore only). With this enhancement, the aggregate fund-based and non-fund-based credit facilities granted by HDFC Bank Limited have increased from ₹27,00,00,000 to ₹38,00,00,000.
The transaction was executed on July 20, 2026. The lender in the agreement is HDFC Bank Limited, and Current Infraprojects Limited is the borrower.
A summary of the financial arrangements are detailed below:
| Aspect | Details |
|---|---|
| Lender | HDFC Bank Limited |
| Borrower | Current Infraprojects Limited |
| Additional Facility Sanctioned | ₹11,00,00,000 |
| Prior Aggregate Facilities | ₹27,00,00,000 |
| Post-Enhancement Aggregate Facilities | ₹38,00,00,000 |
The enhanced credit facilities are subject to the terms and conditions outlined in the Sanction Letter dated June 25, 2026. Key stipulations include the execution of customary loan and security documents, creation and perfection of security in favour of HDFC Bank Limited, compliance with financial and other covenants, and fulfilment of all conditions precedent stipulated by the lender.
The facilities provided cover both fund-based and non-fund-based credit requirements. Security for the arrangement involves a mortgage, hypothecation, pledge, assignment, or other interests over the Company's movable and/or immovable assets, as specified in the Sanction Letter and the executed financing documents.
CURRENT Stock Price Movement
Today, Current Infraprojects Limited stock settled at ₹105.00 after trading activity that saw it slightly dip from its prior close. The shares traded within an intraday range of ₹100.10 to a high of ₹106.00, with a total volume of 14,400 shares recorded.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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