United Heat Transfer Limited — Important, 16-05-2025: Agreements

United Heat Transfer Limited has secured a ₹29 Cr loan facility from HDFC Bank, including a ₹25 Cr bank guarantee/Letter of Credit and a ₹4 Cr cash credit. The facility is backed by hypothecation of stock, receivables, plant & machinery, and collateralized by the company’s industrial property in Nashik. The 12-month loan on demand boosts the company’s working capital flexibility without equity dilution or related party implications.