Pajson Agro India Secures Credit Facility from HSBC Bank for Working Capital Needs
Pajson Agro India Limited, formerly known as Pajson Agro India Pvt Ltd, has secured a significant credit facility from HSBC Banking Corporation Limited. The company's Board of Directors approved this transaction via a resolution on July 3, 2026.The approved credit facilities aggregate up to Rs. 30 Crore (Rupees Thirty Crore only). These funds are intended for working capital requirements and include a letter of credit amounting to Rs. 20 Crore (Rupees Twenty Crore only). The financing agreement is structured as secured funding between Pajson Agro India Limited (Borrower) and HSBC Banking Corporation Limited (Lender/Bank).
The facility is secured by both the Company's assets and an existing charge held by Kotak Bank. Details of the security mandate that HSBC will hold a pari-passu charge along with Kotak Bank on the fixed assets, receivables, and inventories of Pajson Agro India Limited.
Key details regarding this working capital agreement are summarized below:
| Particular | Details |
|---|---|
| Name of Parties | Pajson Agro India Limited (Borrower) and HSBC Banking Corporation Limited (Lender/Bank) |
| Purpose of Agreement | Working Capital / letter of credit |
| Size of the Agreement | Rs. 30,00,00,000 /- |
| Nature of Agreement | Secured |
| Security Provided | Pari-passu charge along with Kotak Bank on fixed assets, receivables, and inventories of the Company. |
The agreement is noted to be non-related party transaction.
Stock Price Movement
Pajson Agro India Ltd shares settled at ₹177.10 on Friday, trailing down 1.61% from the previous close. The stock navigated a wide intraday range, moving between a low of ₹175.15 and an intraday high of ₹189.90.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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