Silgo Retail Extends Inter-Corporate Deposit by 90 Days
Silgo Retail Limited has extended an Inter-Corporate Deposit (ICD) of ₹15 Crore by another 90 days. This deposit was originally taken from Ashika Credit Capital Limited and has now been further extended for a 90-day period.
The extension of an existing ICD for a short period of 90 days is a routine financial activity and is unlikely to have a significant impact on the company's overall financial standing or operations.
The announcement is a routine extension of an existing financial arrangement and does not introduce new positive or negative developments for the company.
Silgo Retail Limited has announced a further extension of its Inter-Corporate Deposit (ICD) amounting to ₹15,00,00,000 (Rupees Fifteen Crore). The tenure of this deposit, originally availed from Ashika Credit Capital Limited, has been extended for an additional 90 days on mutually agreed terms.
The ICD was initially secured through an agreement dated February 07, 2026. Its tenure was previously extended for 90 days, as disclosed on May 13, 2026. This latest extension further prolongs the deposit for another 90-day period, with all other existing terms and conditions remaining unchanged unless mutually agreed otherwise.
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Silgo Retail Limited filed this with the NSE as a statutory disclosure, categorised under debt fundraising. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Silgo Retail Limited. Read the original for the full detail.