Aelea Commodities Limited has announced the closure of its credit facility with Hongkong and Shanghai Banking Corporation Limited (HSBC), Mumbai, marking a significant development in the company's financial arrangements.

Credit Facility Closure Details

The company has successfully closed its credit facility worth Rs. 20.00 crores with HSBC Mumbai. The closure was formalized through a No Objection Certificate (NOC) letter issued by the bank, confirming the satisfaction of the credit facility terms.

Regulatory Compliance

The announcement was made in strict compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company promptly informed BSE Limited about this development on March 10, 2026, the same day it received the NOC letter from HSBC.

Corporate Communication

The intimation was signed by Ashok Patel, Whole-Time Director of Aelea Commodities Limited (DIN: 06952529), and was digitally signed on March 10, 2026. The communication was addressed to the Corporate Relations Department of BSE Limited, ensuring proper regulatory disclosure protocols were followed.

The company operates from multiple locations including its registered office at Nariman Point, Mumbai, and maintains operational units in Surat, Gujarat, demonstrating its diversified operational presence across key commercial centers.

Aelea Commodities Limited has successfully executed a comprehensive credit facility agreement worth Rs 29.15 crore with State Bank of India, marking a significant milestone in the company's financial restructuring and growth strategy. The sanction letter was digitally signed and executed on February 26, 2026.

Credit Facility Structure

The executed credit package encompasses multiple components designed to address various operational and strategic financial requirements:

Facility Terms and Security

The credit facilities are structured as secured arrangements with specific tenure parameters. The working capital component operates on a maximum 12-month cycle with annual renewal basis, while the term loan extends over 54 months. The agreement includes comprehensive security provisions covering the company's current assets and strategic properties.

Strategic Banking Consolidation

A substantial portion of Rs 20.00 crore is allocated towards the takeover of existing cash credit facilities from HSBC Bank. This strategic move indicates the company's initiative to consolidate banking relationships and optimize financial terms under a unified banking partnership with State Bank of India.

Regulatory Compliance and Documentation

The transaction was executed in full compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Devyani Fenil Vanapariya communicated the facility execution to BSE Limited, ensuring complete transparency with stakeholders and regulatory authorities.

Corporate Leadership

The regulatory filing bears the digital signature of Devyani Fenil Vanapariya (ACS No: 75688), who serves as Company Secretary and Compliance Officer. The documentation was digitally executed on February 26, 2026, at 17:25:08 +05'30', confirming the authenticity and legal validity of the credit facility agreement.