Ishan International Limited Approves Additional Credit Facility and Reappoints Internal Auditors

Ishan International Limited Approves Additional Credit Facility and Reappoints Internal Auditors​

Ishan International Limited announced key decisions following its Board of Directors meeting held on May 20, 2026. The Board considered and approved the re-appointment of its internal auditors and sanctioned an additional credit facility from the Bank of India.

The company, which is a Government of India Certified Star Export House and ISO 9001: 2015 certified, confirmed the approvals during the meeting.

Internal Audit and Financial Structuring​

Based on the recommendation of the Audit Committee, the Board approved the re-appointment of M/s. Sunil K. Khanna & Co., Chartered Accountants. The firm will serve as the Internal Auditors for Ishan International Limited for the Financial Year 2026-27.

In addition to the appointment, the Board also approved the availing of an additional credit facility of 118.00 Lakhs. This facility is structured as an ECLGS Term Loan from the Bank of India.

The approved interest rate mechanism is RBLR (8.10%) + 0.75%, which currently stands at 8.85% per annum with monthly rests. The Board authorized the execution of necessary security documents and the creation of security in favor of the bank to facilitate the loan.

Mr. Shantanu Srivastava, Managing Director & CEO, was authorized to execute all requisite documents and agreements associated with the facility.

ISHAN Stock Price Movement​

As of 10:36 AM, Ishan International Limited shares are trading flatly at ₹0.6, showing zero percentage movement in the live market. The stock has seen substantial activity, with a total traded volume of 240,000 shares recorded in the session thus far.