Jet Knitwears Board Approves Renewal and Modification of Credit Facilities from ICICI Bank
Jet Knitwears Limited announced that its Board of Directors, during a meeting held on May 5, 2026, approved the renewal and modification of existing credit facilities. The facilities are availed from ICICI Bank Limited and are intended for the company's general business purposes.The Board meeting commenced at 5:30 PM and concluded at 6:00 PM. During the meeting, the directors considered and approved the crucial modification of these facilities, which includes a reduction in the sanctioned limits.
The board’s decision formalized the renewed and modified credit arrangement with ICICI Bank Limited, enabling Jet Knitwears Limited to continue its general business operations.
JETKNIT Stock Price Movement
Today, Jet Knitwears Limited shares settled flat at ₹89.2, recording a minimal 0.00% change in post-market trading. The stock marked a notable dip, closing precisely at the 52-week low of ₹89.2, matching its yearly low and trailing the annual high of ₹109.95.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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