Chaman Metallics Limited — Important, 20-03-2025: Updates

Chaman Metallics Limited has received revised sanction limits from State Bank of India (SBI) to support its expansion project. The total fund-based limits have increased from ₹195 crore to ₹300 crore, which includes a significant boost in working capital from ₹15 crore to ₹120 crore. Additionally, non-fund-based limits have risen from ₹15 crore to ₹35 crore, enhancing financial flexibility. A partial working capital limit of ₹47 crore will be accessible starting in March, with full access available upon the commencement of operations under the expansion project. This enhancement aligns with Chaman Metallics' growth strategy and strengthens its financial position, supporting seamless execution of its expansion plans. Watch closely for further developments.