Breaking Corporate Events, Analysed in Real Time

MMP Industries Board Approves Working Capital Funding via ECGLS 5.0 Facility

The Board of Directors of MMP Industries Limited has approved a proposal to seek financial assistance through the Emergency Credit Line Guarantee Scheme (ECGLS 5.0). This funding is specifically designated to bolster the company's working capital requirements to support its ongoing operations in the aluminium products sector.

ACS Technologies Secures ₹4.09 Crore HDFC Bank Loan to Expand Credit Facilities

ACS Technologies has approved the procurement of an additional ₹4.09 crore working capital term loan from HDFC Bank under the ECLGS 5.0 scheme. This capital infusion is designed to strengthen the company's liquidity position, bringing its total aggregate banking facilities to ₹48.74 crore.