Autofurnish Limited disclosed the outcome of its Board Meeting held on September 21, 2026, pursuant to Regulation 30 of SEBI LODR Regulations, 2015 and SEBI Circular SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
The Board of Directors approved a Term Loan Agreement dated September 21, 2026, to avail a Term Loan facility amounting to ₹17.9 lakhs (₹17,90,000) from HDFC Bank Ltd.
Key Loan Details:
- Lender: HDFC Bank Limited
- Nature of Loan: Secured Term Loan (Machinery - New)
- Total Loan Amount Sanctioned: ₹17,90,000 (Rupees Seventeen Lakhs and Ninety Thousands Only)
- Purpose: To be utilized for purchase of new machinery/equipment
- Date of Execution: September 21, 2026
- Security: Hypothecation of motor vehicle to be purchased