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Company Filings, Explained Simply

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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
HP Adhesives Ltd

HP Adhesives Ltd Boards Working Capital Term Loan of Rs. 21.6 million

BOARD ▲ Positive Development MEDIUM RISK
📅 Filed on BSE: 13 Jul 2026, 04:35 PM IST  ·  BSE ID: a38866eb-6df6-4adf-9218-117144e17fb5
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's board approved taking a loan of Rs. 21.6 million for business operations.
🤖 AI Summary
  • HP Adhesives board approved a Rs. 21.6 million Working Capital Term Loan.
  • The loan is from ICICI Bank Limited at 9% per annum.
  • The loan has a total tenure of 5 years.
  • A one-year principal payment moratorium is included in the terms.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Working Capital Term Loan Amount
Rs. 21.6 million
Interest Rate
9% p.a.
Total Tenure
5 years
Principal Moratorium
1 year
🏢 How This Affects the Company
💰
Financial Impact
The company will incur additional interest expenses of 9% per annum on the Rs. 21.6 million loan. The principal repayment will commence after a one-year moratorium, impacting future cash flows.
⚠️
Risk Impact
Availing this loan increases the company's financial leverage and debt obligations. Failure to service the debt obligations could lead to financial distress.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders regarding this board decision.
👤
Who Is Affected
All shareholders are affected as the loan increases the company's debt burden and future interest expenses.
🔍
Management Signal
Management is signalling proactive steps to secure working capital to support business operations.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
First repayment of principal after moratorium period.
Impact on company's debt-to-equity ratio in next results.
Any further updates on loan utilization and performance.
MEDIUM RISK Increased debt burden and interest expenses impact future profitability and cash flow.
💡 Investor Takeaway
HP Adhesives Limited secured a Rs. 21.6 million Working Capital Term Loan from ICICI Bank at 9% p.a. with a 5-year tenure and a 1-year principal moratorium.
❓ Frequently Asked Questions
What is the amount of the working capital loan approved by HP Adhesives Ltd?
HP Adhesives Ltd's Board approved a Working Capital Term Loan of Rs. 21.6 million.
Which bank is providing the working capital loan to HP Adhesives Ltd?
The working capital loan of Rs. 21.6 million is being provided by ICICI Bank Limited.
What is the interest rate and tenure of the HP Adhesives Ltd loan?
The loan carries an interest rate of 9% per annum with a total tenure of 5 years.
Does the working capital loan for HP Adhesives Ltd have a moratorium period?
Yes, the loan includes a one-year moratorium on principal payments.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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