<h1>Growington Ventures India Ltd Board Approves Rs 1.89 Crore Overdraft Facility from ICICI Bank</h1>
Growington Ventures India Ltd has approved a significant financial facility through its Board of Directors. During the board meeting held on July 30, 2026, the company decided to borrow and avail financial assistance by way of an overdraft facility from ICICI Bank.
The approved overdraft facility does not exceed Rs 1,89,00,000/-. This borrowing is secured against a fixed deposit of up to Rs 2,10,00,000/-, as ratified by the Board meeting.
The company’s board also authorized Mr Vikram Bajaj, a Director of Growington Ventures India Ltd, to complete all necessary formalities related to securing this financial assistance.
The key details regarding the approved lending facility are summarized below:
| Parameter | Detail |
|---|---|
| Facility Type | Overdraft Facility |
| Maximum Borrowing Amount | Rs 1,89,00,000/- |
| Lender | ICICI Bank |
| Security Offered | Fixed Deposit |
| Maximum Security Value | Rs 2,10,00,000/- |
The board meeting for Growington Ventures India Ltd concluded on July 30, 2026.
Stock Price Movement
Growington Ventures India Ltd settled on a Thursday afternoon at ₹0.66, reflecting a 4.35% decline. The shares traded throughout the day within a tight intraday range, ranging between a high of ₹0.69 and a low of ₹0.64.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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