- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Vippy Spinpro has secured a Term Loan facility of 20.835 Cr from HDFC Bank. This funding is specifically designated for installing new machinery, a move aimed at significantly expanding the company's production capacity. The loan carries an interest rate of 7.65% and has a tenure of 72 months, including a 12-month moratorium. This strategic financing supports the company's operational growth and future expansion plans, enhancing its business capabilities.