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GNG Electronics Secures ₹800 Crore DBS Credit Boost for Working Capital
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GNG Electronics boosts working capital with ₹800 crore DBS credit line expansion
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CNBC TV18
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18-03-2026, 21:11
GNG Electronics boosts working capital with ₹800 crore DBS credit line expansion
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GNG Electronics Limited expanded its credit facility with DBS Bank India Ltd to ₹800 crore.
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The agreement, signed on March 18, 2026, increases the existing facility from ₹300 million to ₹800 million.
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The working capital/multiline arrangement will support the company's operational funding needs and enhance liquidity.
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The facility is secured by a pari passu charge on the company’s current assets.
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Shares of GNG Electronics rose 3.08% to ₹388.00 on March 18, 2026.
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