Cash Credit limit raised from ₹40 crore to ₹70 crore after HDFC Bank approval

Vippy Spinpro has received HDFC Bank approval, via email intimation dated 07.10.2026, to enhance its fund-based working capital Cash Credit facility from ₹40 crore to ₹70 crore.

Thu 8 Oct 2026

Existing Cash Credit Limit

₹40 crore

Enhanced Cash Credit Limit

₹70 crore

Increase in Facility

₹30 crore

What the company told the exchange

Vippy Spinpro Ltd has received approval from HDFC Bank Limited, communicated through an email intimation dated 07.10.2026, for enhancement of its fund-based working capital Cash Credit facility. The limit moves from ₹40 crore to ₹70 crore, an increase of ₹30 crore.

Purpose stated in the update

• The enhancement is intended to augment the company's working capital requirements.
• It is meant to support the company's regular business operations.
• The facility is stated to be in the ordinary course of the company's business.

Status of paperwork

The necessary documentation in connection with the enhancement has been completed by the company.

How a retail investor can read this

A Cash Credit limit is a bank-sanctioned borrowing line a company can draw against for day-to-day operations. A higher limit gives the company more room to fund inventory, receivables and routine expenses. The update links the higher limit to working capital needs and regular operations, and not to any new project, acquisition or expansion.

The numbers at a glance

• Earlier Cash Credit limit: ₹40 crore
• Enhanced Cash Credit limit: ₹70 crore
• Increase: ₹30 crore

Points to note

• The approval is from HDFC Bank Limited and was communicated by email dated 07.10.2026.
• The intimation was shared under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
• The update does not quantify the interest cost or terms of the enhanced facility.

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