Grover Jewells Limited Board Approves Rs 11.5 Million ECLGS Term Loan Facility from ICICI Bank
Grover Jewells Limited, formerly known as Grover Chain Private Limited, announced the outcomes of its Board of Directors meeting held on June 24, 2026. The Board considered and approved several key operational matters, including securing a significant working capital loan facility.The company approved availing a Working Capital Term Loan facility under the Emergency Credit Line Guarantee Scheme (ECLGS). This financing arrangement is provided by ICICI Bank Limited and amounts to Rs 11.5 million.
In addition to the financial approval, the Board reviewed and approved the minutes of the Audit Committee meeting that took place on June 23, 2026.
The meeting of the Grover Jewells Limited Board commenced at 11:30 am and concluded at 12:30 p.m.
GJL Stock Price Movement
Today, Grover Jewells Limited shares gained strongly, closing at ₹196.85 after climbing 4.99% in post-market trading. The equity traded within a tight range, moving between a low of ₹178.15 and a high of ₹196.85 on the day.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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