Nova Iron & Steel Ltd — Updates, 19-07-2025: Company Update

Nova Iron and Steel Limited has secured an unsecured loan of Rs 10 Cr from Essenn Investments Private Limited. This borrowing, approved by the Borrowing Committee, is designated for essential purposes including plant maintenance, operations, working capital, and capital expenditures. This financing enhances the company's financial liquidity, directly supporting its ongoing business activities and providing resources for future operational and investment needs. This move is significant for maintaining operational stability and facilitating growth initiatives.