Awfis Fully Repays ₹25 Crore Term Loan from Tata Capital
By HDFC SKY | Updated at: Jun 1, 2025 05:53 PM IST
New Delhi, June 1, 2025 — Awfis Space Solutions Limited (NSE: AWFIS | BSE: 544181) has successfully completed the full repayment of a ₹25 crore term loan facility extended by Tata Capital Limited.
Key Highlights:
- Loan Details: The term loan agreement was signed on June 17, 2023, for a total sanctioned limit of ₹25 crore with a tenure of 46 months, including a 3-month moratorium.
- Purpose: The loan was secured to finance fit-out expenses across its workspace locations.
- Security: The loan was backed by a hypothecation charge on all present and future movable fixed assets in the form of installed fit-outs.
On May 31, 2025, the company repaid the full outstanding principal along with all due interest. With this, Awfis has initiated steps for the release of the hypothecation charge over the assets pledged for the loan.
Strategic Outlook:
The full settlement of the term loan demonstrates Awfis’ strengthening financial position and prudent capital management. The move is expected to improve the company’s asset flexibility and enhance its borrowing capacity for future expansions.
For further information, stakeholders may refer to the official stock exchange filings.
REF:https://nsearchives.nseindia.com/corporate/AWFIS2014_31052025230405_Tata_finance.pdf
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