Desco Infratech Ltd. Secures Enhanced Credit Facilities from YES Bank
Desco Infratech Ltd. announced it has received enhanced credit facilities from YES Bank Limited, effective March 31, 2026. The facilities consist of Working Capital Facilities, including Bank Guarantee and Cash Credit.The company received sanction for an enhanced limit totaling Rs. 18.00 Cr. Details of the changes to existing facilities are outlined below:
| Particulars | Existing Sanctioned Limit | Enhanced Sanctioned Limit |
|---|---|---|
| Bank Guarantee | Rs. 8.45 Cr | Rs. 10.00 Cr |
| Cash Credit | Rs. 2.80 Cr | Rs. 8.00 Cr |
| Total | Rs. 11.25 Cr | Rs. 18.00 Cr |
According to the company, the increased credit facilities will bolster Desco Infratech Ltd.’s liquidity position, facilitate business operations, and improve the company’s ability to meet financial commitments. The enhancement is also expected to support the company’s growth and expansion plans and allow it to capitalize on future business opportunities.
The announcement was made by Mr. Malhar Pankaj Desai, Whole-time Director and DIN: 07293599, of Desco Infratech Limited.
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