Qualitek Labs Approves Rs 91.31 Crore Credit Facility from HDFC Bank; Security Details Disclosed
Qualitek Labs Ltd has finalized credit facilities amounting to Rs 91.31 Crores from HDFC Bank Limited, following a Board meeting held on June 03, 2026. The company executed the necessary loan and security documents in line with the sanction letter received from the bank.The financing details encompass various types of credit, including Term Loan, Bank Guarantee, Cash Credit, and Capex Letter of Credit Facilities.
A summary of the financial arrangements is provided below:
| Financial Metric | Detail |
|---|---|
| Lender | HDFC Bank Limited |
| Borrower | Qualitek Labs Limited |
| Sanction Date | May 26, 2026 |
| Total Credit Facility Amount | Rs 91,31,00,000/- (Rupees Ninety One Crore Thirty One Lakh only) |
| Current Outstanding Amount | Rs 12,80,33,028/- (Rupees Twelve Crore Eighty Lakh Thirty Three Thousand Twenty Eight only) |
The credit facility is secured by various assets provided by the company and its affiliates.
Details of the security granted to HDFC Bank include:
- Assets from Qualitek Labs Limited: Two industrial buildings located in Panchkula, specifically on Plot No. 298 and Plot No. 297, both situated in the Industrial Estate, Phase-1, HSIIDC, Alipur, Barwala, Distt. Panchkula (Pin Code - 134109).
- Assets from SKM Realcon Private Limited: A property located at Property No. 40, Block-C, Sector-57, Noida, Uttar Pradesh (Pin Code - 201301).
In addition to the assets provided, corporate and personal guarantees have been extended by SKM Realcon Private Limited, TIC Services Private Limited, ASC Consulting Private Limited, and Ms. Anju Agarwal.
Stock Price Movement
On Wednesday, Qualitek Labs Ltd shed value, closing at ₹385.00 after a 5.64% dip from the previous close.The stock experienced intraday volatility, trading between a low of ₹376.00 and a high of ₹406.00.
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