Aelea Commodities Consolidates Rs 50 Crore Credit Facilities with HDFC Bank Aug 04, 2025
Aelea Commodities Limited has consolidated its credit facilities with HDFC Bank, executing a Deed of Hypothecation and Continuing Master Indemnity Deed on August 4, 2025. The consolidated facility includes a Rs 50 crore combined fund-based and non-fund-based credit, with Rs 1 crore for overdraft and Rs 49 crore for purchase invoice financing. The company has secured the facility with various collateral including charges on stocks, book debts, and commercial properties in Gujarat, along with personal guarantees from promoters. Simultaneously, Aelea amended its existing Rs 20 crore credit facility with DBS Bank India Limited, removing Plant & Machineries from the hypothecated assets.
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