GNG Electronics Secures ₹72 Crore Credit Boost from ICICI Bank

• GNG Electronics Limited signed an agreement with ICICI Bank to increase its credit facility from ₹40 crore to ₹72 crore.
• The enhanced credit facility will support the company’s working capital requirements.
• The agreement was executed on March 10, 2026, and formally received on March 23, 2026.
• ICICI Bank has a pari passu charge on current assets and receivables, and an exclusive charge on fixed deposits.
• The outstanding loan amount under the facility currently stands at ₹380 million.