Federal Bank approves enhancement of working capital credit facility to ₹ 165 crore

Federal Bank Limited has approved an enhancement of CMR Green Technologies' existing lending/credit facility.

Thu 8 Oct 2026

Federal Bank raises the working capital credit line: What the update says

The company has informed the exchanges that it has received approval from Federal Bank Limited for enhancement of its existing lending/credit facility. The intimation is made under the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The numbers

• Existing sanctioned facility: ₹ 148,00,00,000 (INR One Hundred Forty-Eight Crores Only)
• Enhanced facility: ₹ 165,00,00,000 (INR One Hundred Sixty-Five Crores Only)
• Lender: Federal Bank Limited
• Nature of facility: Working Capital Credit
• Purpose: working capital requirement

In simple terms

A working capital credit facility is a borrowing arrangement a company uses to fund its day-to-day operations, such as buying raw material, paying suppliers or managing the gap between spending and receiving money from customers. Here, the lender has approved an increase in the size of the existing line from ₹ 148,00,00,000 to ₹ 165,00,00,000.

What the company says about it

The company states that the enhancement of the facility will enable it to meet its working capital requirements and support its ongoing business operations. It also states that it will comply with all applicable statutory and regulatory requirements in connection with the facility.

What a reader can take away

An enhanced sanctioned working capital limit is a lender's approval of a higher borrowing limit. The update sets out the approval and the amounts, and the stated use of the money is working capital and ongoing business operations. The update does not set out any other terms of the facility in this disclosure.

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