Vilin Bio Med Limited — Important, 02-04-2025: Disclosure of material issue

Vilin Biomed Limited has disclosed a cash credit facility from Punjab National Bank, Roorkee Branch, with an outstanding amount of ₹3.0 crore, fully secured against stocks, book debts, and property. The total sanctioned limit for this facility is ₹4.5 crore, with a tenure of revolving nature and an interest rate of 17% per annum. There is currently no default amount, as both principal and interest stand at nil. This update suggests a stable financial position for the company, which could foster a positive outlook among investors, indicating manageable debt levels and secured financing.