Essar Shipping board approves loan up to Rs 10 Cr from non-related parties
Published on: July 7, 2026, 12:47 a.m. | Source: scanx.trade
Essar Shipping Limited's board approved a loan of up to Rs 10 Crore from non-related parties Abhinand Ventures Private Limited and/or Niwas Residential & Commercial Properties Private Limited. The credit facility, repayable on demand, will be utilized to meet working capital requirements, repay various outstanding dues, and support other day-to-day business activities and general corporate purposes.
