Viviana Power Tech Limited — Board Meeting, 23-12-2024: Outcome of Board Meeting

The Board has approved an additional credit facility of ₹63.00 Cr from HDFC Bank, enhancing the Working Capital Limit from ₹57.45 Cr to ₹120.45 Cr, which is expected to accelerate growth and help meet FY27 targets ahead of schedule. The meeting also covered strategic initiatives aimed at leveraging opportunities in the power sector, including expansion into the African market, participation in transmission and distribution tenders valued at ₹450.00 Cr, and plans for the subsidiary's involvement in utility transformer tenders.