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Board on Sept 18 approved enhancement of PNB-led consortium credit facilities to Rs249.96 crore from Rs206 crore for working capital, term loan and ECLGS needs, secured by hypothecation and property mortgage with PNB Investment Services as trustee. Context: adds to already leveraged working-capital-heavy balance sheet.
Zeal Aqua Secures ₹5.47 Crore Axis Bank ECLGS Loan
Zeal Aqua Secures ₹10.88 Crore PNB ECLGS Loan for Working Capital