ALPHA TRIBE

Ecoboard Industries LtdImportant, 31-03-2026: Company Update

31-03-2026 | 12:39 pm

Ecoboard Industries Limited has secured new credit facilities from Indian Overseas Bank. The company availed a Cash Credit Facility of ₹10 Cr and a Bank Guarantee Facility of ₹5 Cr, which will be used for working capital and business operational funding. Concurrently, Ecoboard has fully repaid and closed its previous banking facilities with Union Bank of India, which included a ₹1.98 Cr Bank Guarantee and a ₹2 Cr Cash Credit, with no outstanding dues. This move enhances the company's financial flexibility and supports ongoing business operations.

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