Wardwizard Innovations & Mobility Debt & Borrowing: ₹1.6 Cr
Wardwizard Innovations approved a ₹1.6 Crore Working Capital Term Loan from HDFC Bank under ECLGS 5.0. The facility carries an interest rate of 8.95%.
- Value
- ₹1.60 Cr
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Wardwizard Innovations approved a ₹1.6 Crore Working Capital Term Loan from HDFC Bank under ECLGS 5.0. The facility carries an interest rate of 8.95%.
Wardwizard Innovations & Mobility Ltd confirmed it does not meet the SEBI criteria for classification as a Large Corporate for FY 2025-26. Consequently, no mandatory borrowing through debt securities was required, reporting zero incremental borrowing for the period. This annual disclosure ensures regulatory compliance regarding its corporate borrowing framework.
Wardwizard Innovations & Mobility Limited confirmed it is not identified as a Large Corporate for FY 2025-26. The company reported outstanding borrowings of ₹151.05 Crore and a credit rating of BB+/Stable from CRISIL. This annual disclosure is a routine SEBI compliance requirement regarding debt sourcing frameworks.