Gujjubhai Industries Ltd Approves Financial Facility of 17 Lakhs from Axis Bank
Gujjubhai Industries Limited, previously known as Sumuka Agro Industries Limited, has secured financial facilities from Axis Bank Limited, NWBC Bangalore. The approval was granted by the company’s Board of Directors during a meeting held on June 24, 2026.The Board considered and approved the arrangement to avail financial facilities amounting to Seventeen Lakh only from Axis Bank Limited. This development marks a key step in the operational financing structure for the company.
The Board meeting pertaining to this approval commenced at 7:30 P.M. and concluded at 11:30 P.M., finalizing the details of the facility with the bank.
Stock Price Movement
At 12:24, Gujjubhai Industries Ltd shares are currently trading at ₹122.00, registering a decline of 5.90%. The stock has seen intraday volatility, fluctuating between a high of ₹128.75 and a low of ₹121.95.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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