United Heat Transfer Limited Board Approves Working Capital Loan and Investment in Saraswat CoOperative Bank
The Board of Directors of United Heat Transfer Limited, which was held on Tuesday, June 23, 2026, approved several key corporate decisions relating to financing and governance. Among the outcomes sanctioned by the board were the approval of a working capital loan facility and an investment in The Saraswat CoOperative Bank Limited.The company considered and approved availing a working capital loan facility from The Saraswat CoOperative Bank Limited. Furthermore, the board authorized the necessary execution of applications and documents related to making an investment purchase towards shares of The Saraswat Co-Operative Bank Limited.
In addition to the financing decisions, the board meeting addressed corporate governance matters. They noted the recommendations put forth by the Audit Committee. The company also reviewed and noted the updated list of Designated Persons and Connected Persons under the Code of Conduct for Prevention of Insider Trading.
United Heat Transfer Limited, previously known as United Heat Transfer Private Limited, finalized these outcomes during its board session held on June 23, 2026.
UHTL Stock Price Movement
United Heat Transfer Limited shares gained 0.36% in post-market trading today, settling at a closing price of ₹125.75. The stock closed amid high volume of 212,000 shares, with the gain reflecting its surge toward an annual peak after trading within the intraday range of ₹119.05 and ₹131.55.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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