Hi-Green Carbon Limited Secures Enhanced Credit Facility from Central Bank of India
Hi-Green Carbon Limited announced on March 26, 2026, that its Board of Directors approved an enhancement of its credit facility with Central Bank of India. The company secured a Cash Credit Limit of 20.00 Crores, an increase from the previous limit of 10.00 Crores.The loan, intended for business operations, carries a total outstanding of 9.98 Crores as of March 26, 2026. As part of the agreement, Hi-Green Carbon Limited will provide a charge by way of mortgage over immovable properties and hypothecation over movable properties and current assets.
The Board meeting commenced at 5:00 P.M. and concluded at 5:30 P.M.
| Particulars | Details |
|---|---|
| Lender | Central Bank of India |
| Purpose of Agreement | Business Operations |
| Loan Amount | Rs. 20,00,00,000/- (Rupees Twenty Crore Only) |
| Shareholding | NIL |
| Security Provided | Mortgage over immovable properties and hypothecation over movable properties and current assets |
| Outstanding Loan | Rs. 9.98 Crores (Rupees Nine Crore Ninety Eight Lakhs) |
| Execution Date | March 26, 2026 |
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