Sadhav Shipping Limited — Important, 29-07-2025: Agreements

Sadhav Shipping's Board has approved new unsecured working capital term loans totaling ₹3.89 Cr from seven financial institutions: Godrej Finance, Kisetsu Saison, Aditya Birla Finance, MAS Financial, Clix Capital, Protium Finance, and ICICI Bank. These loans carry interest rates from 14.5% to 17.5% p.a., with tenures up to 48 months. The company revised its ICICI Bank borrowing to ₹0.50 Cr and opted not to avail a previously approved ₹1.00 Cr loan from HDFC Bank. This fresh capital inflow will bolster Sadhav's working capital.