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Board approved Rs 35 Cr cash credit plus working capital term loan from ICICI Bank on 23 Sep 2026; 180-day tranches at 8.15% secured by current and movable assets. Facility is large relative to the small refurbished-led revenue base and extends reliance on bank debt to fund inventory and receivable build that has kept operating cash flow negative. Raises leverage and encumbers current and movable assets; short revolving tenor implies repeated rollover needs while utilisation, repayment source and covenants remain undisclosed.
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