ALPHA TRIBE

Qualitek Labs LtdImportant, 11-12-2025: Company Update

11-12-2025 | 03:56 pm

Qualitek Labs Limited's board has approved significant credit facilities to enhance its financial flexibility. The company will avail aggregate credit facilities amounting to 80.31 Cr from HDFC Bank Limited and Kotak Mahindra Bank. Of this, 30.70 Cr is from HDFC Bank. To secure the HDFC Bank facility of 30.70 Cr, the board also approved providing a corporate guarantee and creating a charge over company assets. These funds are intended for working capital and general corporate purposes, crucial for supporting ongoing operations and future growth initiatives.

No comments yet. Be the first to comment!

All announcements from Qualitek Labs Ltd