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Master Components LimitedImportant, 25-06-2025: Agreements

25-06-2025 | 04:35 pm

Master Components Limited has announced a board meeting to review the financial results for the quarter and half-year. The company has secured additional credit facilities totaling Rs. 13.65 Cr from IDFC First Bank, including an Rs. 8 Cr cash credit (converting Rs. 4.95 Cr overdraft plus Rs. 3.05 Cr new credit), a Rs. 5 Cr term loan for capex, and Rs. 0.65 Cr loan for foreign currency hedging. Interest rates are 8.5%, tenures vary from 12 to 60 months, and loans are secured by hypothecation of current and movable fixed assets. This boosts working capital and funding for expansion without related party involvement.

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