Gujjubhai Industries raises cash credit facility to Rs 5.93 crore

What Gujjubhai Industries announced

On Friday, 3 July 2026, the Board of Directors of Gujjubhai Industries Ltd (BSE: 532070) filed a Regulation 30 notice with the stock exchanges. The board approved two related actions: an increase in the company’s cash credit facility with State Bank of India (SBI) and a modification of the existing charge on that facility (Charge ID 101041544). The move expands the firm’s short‑term borrowing capacity without altering its share capital.

Increase in cash credit facility

The cash credit limit was raised from INR 4,95,00,000 (approximately Rs 4.95 crore) to INR 5,93,00,000 (approximately Rs 5.93 crore). This represents an incremental borrowing capacity of Rs 0.98 crore. Cash credit facilities are revolving loans that allow a company to draw funds up to the approved limit against working‑capital needs, such as inventory purchase or receivables financing.

Modification of Charge ID 101041544

Alongside the limit increase, the board approved a modification to the charge created over the cash credit facility. The charge is held by SBI’s SME Jayanagar branch and is identified by Charge ID 101041544. The filing does not disclose the specific terms of the modification (e.g., interest rate or security adjustments), only that the charge has been altered to accommodate the higher limit.

Key facts at a glance

Why this matters for investors

The approval expands Gujjubhai Industries’ working‑capital financing envelope, potentially supporting short‑term operational needs such as raw‑material procurement or order fulfilment. Because the change is limited to a revolving credit line, it does not dilute existing shareholders nor create immediate cash‑flow outflows. However, the increased borrowing capacity could lead to higher interest expenses if the additional funds are drawn.

Conclusion

Gujjubhai Industries’ board has formally increased its SBI cash credit facility by Rs 0.98 crore and updated the associated charge. The amendment was disclosed through a Regulation 30 filing on 3 July 2026. No further approvals are required for the facility change, and the company can now access the higher limit as needed.

"The Board has approved the addition of a cash credit facility from INR 4.95 crore to INR 5.93 crore and modified the related charge." – Board resolution, 3 July 2026