Key Quantitative Figures
- Total Enhancement Amount: ₹27.50 crore
- Working Capital Demand Loan/Letter of Credit Enhancement: ₹7.50 crore
- Term Loan Enhancement: ₹20.00 crore
Dates of Action
- Date of Sanction Letter: 31 March 2026
- Disclosure Date: 19 June 2026
Parties Involved
- Borrower/Company: Pajson Agro India Limited
- Lender/Bank: Kotak Mahindra Bank Ltd
Purpose of Agreement
The enhancement was obtained for general corporate financing purposes, specifically comprising working capital requirements and term loan facilities.
Facility Details
- Nature of Agreement: Secured
- Tenure:
- Working Capital Demand Loan/Letter of Credit: 90 days
- Term Loan: 84 months
Security Details
The loan is secured by a first and exclusive charge by way of hypothecation on:
- All existing and future Current Assets of the Borrower
- All existing and future movable fixed assets, Plant and Machinery of the Borrower
The security is in favor of Kotak Mahindra Bank Ltd for repayment of financial facilities granted.