Icodex Publishing Solutions Ltd Secures Rs 10.8 Crore Credit Facility from ICICI Bank
Icodex Publishing Solutions Ltd announced that its Board of Directors approved securing a credit facility from ICICI Bank. The approval, made at the Board meeting held on April 22, 2026, targets working capital, general corporate purposes, and capital expenditure (capex).During the Board meeting, the company approved availing credit facilities from ICICI Bank, Viman Nagar Branch. The aggregated facility is set at Rs. 10,80,00,000 (Rupees Ten Crore Eighty Lakhs only). This credit arrangement will be structured through a Credit Arrangement Letter (CAL).
The Board meeting commenced at 12:00 p.m. and concluded at 12:30 p.m. on April 22, 2026.
The key details of the sanctioned facility are summarized below:
| Detail | Value |
|---|---|
| Facility Provider | ICICI Bank, Viman Nagar Branch |
| Total Amount | Rs. 10,80,00,000 |
| Purpose | Working capital, general corporate purposes, and capex |
| Document | Credit Arrangement Letter (CAL) |
Stock Price Movement
On Friday, Icodex Publishing Solutions Ltd. settled at ₹47.40, gaining 0.21% in share value. Throughout the trading session, the shares remained completely flat, locking in their price point at ₹47.40.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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