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Jain Irrigation Systems to avail loan up to Rs 2,600 million from IFC

19 Apr 2018 Evaluate

Jain Irrigation Systems has received an approval to raise in the form of 7 years ECB INR Loan an amount up to Rs 2,600 million from International Finance Corporation (IFC) Washington (an arm of World Bank Group) on mutually agreed terms and conditions. The Board of Directors of the company at their meeting held on April 18, 2018, considered and approved the same.

The authority to complete all the necessary actions to borrow the said loan is now delegated to Operations Review Committee of the Board. 

Jain Irrigation Systems is early pioneer for IOT in the agriculture sector and is leading efforts to create global solutions with precision agriculture.

Jain Irrigation Sys Share Price

33.05 -1.16 (-3.39%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Supreme Industries 3705.80
Astral 1612.85
Finolex Inds 174.70
Nilkamal 1320.05
Jain Irrigation Sys 33.05
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