Century Extrusions Secures ₹18 Crore Working Capital Loan from Bandhan Bank
Century Extrusions Limited has executed a Credit Facility Agreement with Bandhan Bank Limited for a working capital loan amounting to ₹18 Crore. The agreement, dated December 31, 2025, specifies the ...
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Why is Century Extrusions Limited in the news today?
Century Extrusions Limited (CENTEXT) is in the news due to the company has successfully secured additional credit facilities, which are crucial for working capital and can support business operations and growth.
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Century Extrusions Secures ₹18 Crore Working Capital Loan from Bandhan Bank
December 31, 2025, 12:14 PM
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More Details on This News
Century Extrusions Limited has executed a Credit Facility Agreement with Bandhan Bank Limited for a working capital loan amounting to ₹18 Crore.
The agreement, dated December 31, 2025, specifies the loan is for working capital purposes. The entire amount of ₹18 Crore is currently outstanding.
As security for the loan, the company has provided a first pari passu charge on all its current assets (both present and future), a charge on its entire fixed assets including land and building, a pledge of shares held by promoters Smt. Moulshree Jhunjhunwala and Shri. Shivanshu Jhunjhunwala, and personal guarantees from Shri Vikram Jhunjhunwala and Shri Shivanshu Jhunjhunwala. The agreement does not grant Bandhan Bank any special rights such as the right to appoint directors or first right to share subscription.
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