Neeraj Paper Marketing Ltd — Important, 25-09-2025: Company Update
25-09-2025 | 05:55 pm
25-09-2025 | 05:55 pm
Neeraj Paper Marketing Limited has secured new financing from Union Bank of India. The company has availed a cash credit facility of Rs. 8.50 Cr and a term loan-union LAP of Rs. 1.25 Cr, totaling Rs. 9.75 Cr. This significant financial boost is backed by a hypothecation agreement, utilizing the company's stock, book debts, and other current assets as primary security. This move provides the company with additional working capital and funds for operational needs, which is crucial for supporting ongoing business activities and strengthening overall financial liquidity.
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