Corporate Finance

298
Corporate Finance

Total Facilities Availed with the Banks and Financial Institutions

Working Capital as on 16/04/2002 (Rs crore)

Name of bank Facility Limit (percent) Balance Overdue, if any

ICICI Bank Fund 2.00 100
Non-fund 11.00 100
Total Fund 2.00 100
Non-fund 11.00 100

Term loans as on 31/03/2002 (Rs crore)

Name of bank/ Balance Maturity Overdue,
institution Facility Purpose Limit (31/03/02) date if any

SIDBI Direct discount- Purchase 2.34 0.18 13.01.00 0.18
ing scheme of dredger
IDBI-1 Term loan Purchase of 9.30 7.90 01-07-05 Nil
dredgers
IDBI-2 Term loan Purchase of 8.00 8.00 01-04-06 Nil
dredger
Indbank Hire Purchase of 2.80 June 02
Merchant purchase dredger
Banking
Sundaram Hire Purchase of 1.45 March 03
Finance purchase construction
equipment
IIBI Term loan Purchase of 4.00 1.50 15-02-02 Nil
dredger
Magma Hire Purchase of 2.00 March 05
Leasing Ltd. purchase dredger
Srei International Hire Purchase 0.68 Dec 03
purchase of dredger
Harita Finance Lease Purchase of 2.99 June 02
asset
Total 33.55 0.18

The existing and proposed limits with ICICI Bank are as follows:

Existing

Balance Proposed

Facility Limits 31/03/2002 limits

Fund-based 1. Cash Credit 2.00 2.00

2. Ad-hoc 1.00
   Sub total 2.00 3.00
   Non-fund based 1. LC 1.00 1.00


3. Ad-hoc 2.00


4. BG 7.00 7.00
   Sub total 8.00 10.00
   Total fund and non-fund based facility 10.00 13.00
   Treasury investments—Tradeable 0.44 0.44 0.44
   Grand total of exposure 10.44 13.44