V R Infraspace Limited — Important, 01-03-2025: Updates

Tradio Exim Private Limited, a subsidiary of V R Infraspace Limited, has entered into a Working Capital facility agreement with State Bank of India, securing a cash credit limit of ₹4.90 crore under the Agri & Food Enterprise Loan (AFEL) Scheme. This facility will support Tradio Exim’s operations over a 12-month period, with a review at the end of this term. The outstanding amount will bear an interest rate of 9.15% per annum, and repayments will be made on demand. Security for the loan includes hypothecation of inventory and receivables, as well as a cash collateral deposit of ₹2 crore. These developments may enhance Tradio Exim's operational capabilities, providing a positive outlook for its expansion in the agri-food sector. Investors should monitor this agreement for its potential impact on the subsidiary's operational efficiency and overall financial health.