<h1>Gogia Capital Growth Ltd Secures ₹9 Crore Overdraft Facility from ICICI Bank</h1>
Gogia Capital Growth Limited, a trading entity actively involved in capital markets, has successfully secured an Overdraft (OD) facility worth ₹9,00,00,000. The facility was granted by ICICI Bank Limited on July 10, 2026.
The OD facility is intended to support the company's working capital requirements for its day-to-day operations. Gogia Capital Growth Limited operates as a Trading Member of BSE and NSE, and MCX, while also functioning as a Depository Participant of NSDL. The funds will assist in supporting the proprietary trading activities of the company.
The borrowing arrangement has been secured against property owned by Ankur Gogia, who serves as the Managing Director of the company. Mr. Gogia provided the security to ICICI Bank Limited for this facility.
In terms of corporate governance and approval, the Audit Committee of the company approved the borrowing arrangement during a meeting held on July 6, 2026. The matter is scheduled to be placed before the Board of Directors for ratification at an upcoming board meeting.
The company stated that the OD facility carries no impact on the shareholding of the Promoter or Promoter Group, nor does it result in any dilution of equity.
Stock Price Movement
Gogia Capital Growth Ltd shares settled at ₹51.45 on Monday, posting a flat result with zero percent change. The stock traded completely locked throughout the session, as its intraday high and low remained identically anchored at ₹51.45.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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