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Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
The company secured a new Rs. 10 Crore loan facility from Bank of Baroda to fund its business operations.
🤖 AI Summary
Board approved Rs. 1000 Lacs (Rs. 10 Crores) in fresh credit facilities from Bank of Baroda.
Facilities include Rs. 400 Lacs Term Loan I, Rs. 125 Lacs Term Loan II, and Rs. 475 Lacs Cash Credit.
Funds are for the company's business requirements.
Security charges, including hypothecation and equitable mortgage, will be created.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Credit Facilities Approved
Rs. 1000.00 Lacs
Term Loan I
Rs. 400.00 Lacs
Term Loan II
Rs. 125.00 Lacs
Cash Credit
Rs. 475.00 Lacs
🏢 How This Affects the Company
📈
Business Impact
The approval for fresh credit facilities is intended to support ongoing business requirements.
💰
Financial Impact
This will increase the company's debt by Rs. 1000 Lacs, impacting its leverage and debt servicing obligations. It will also lead to interest expenses.
⚠️
Risk Impact
The company assumes additional debt, increasing financial risk. Creation of security charges means specific assets are pledged.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders regarding this board decision.
👤
Who Is Affected
All shareholders are affected by the potential increase in the company's debt and its financial structure.
🔍
Management Signal
Management is actively seeking external financing to support business operations and requirements.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List - track these upcoming events
Details on loan covenants and security charges from Bank of Baroda.
Impact of interest expense on Q4 FY27 financial results.
Company's utilization of the new credit facilities.
MEDIUM RISKIncreased debt levels and the pledging of assets introduce financial and operational risks.
💡 Investor Takeaway
Shivamshree Businesses secured Rs. 1000 Lacs credit from Bank of Baroda, comprising Rs. 400 Lacs Term Loan I, Rs. 125 Lacs Term Loan II, and Rs. 475 Lacs Cash Credit for business needs.
⚖️ Strengths & Concerns
⚠️ Concerns
Increases total debt by Rs. 1000 Lacs, potentially impacting financial flexibility and interest burden.
❓ Frequently Asked Questions
What total credit facility has Shivamshree Businesses Ltd approved?
Shivamshree Businesses Limited's board approved fresh credit facilities aggregating to Rs. 1000.00 Lacs from Bank of Baroda.
What are the components of the Rs. 1000 Lacs credit facility?
The facility comprises Rs. 400.00 Lacs Fund Based Limit including Term Loan I, Rs. 125.00 Lacs Term Loan II, and Rs. 475.00 Lacs Cash Credit.
Who is the bank providing the credit facilities to Shivamshree Businesses Ltd?
The credit facilities are being availed from Bank of Baroda, Ambawadi Branch, Ahmedabad Region - I.
What is the purpose of the new credit facilities for Shivamshree Businesses Ltd?
The credit facilities are for the business requirements of Shivamshree Businesses Limited.
Questions based on this BSE filing only. For information purposes.
All BSE filings we have analysed for Shivamshree Businesses Ltd.
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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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