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Mac Charles (India) Limited's Board has approved availing a Term Loan Facility of Rs. 1080 Cr from State Bank of India. This significant financing will be secured by an Equitable Mortgage of Zenith Land and Building, hypothecation of Zenith rentals, and a DSRA (1 Month EMI). This move provides substantial capital, impacting the company's financial structure and supporting its operational needs or potential expansion projects related to its Zenith assets.