CMR Green Technologies lands $17M credit line from Federal Bank

What's the deal? CMR Green Technologies has secured sanction for enhanced credit facilities totalling US$22.4M from Federal Bank LimitedDealroom has a profile for this one. Try Dealroom →, according to a regulatory filing dated September 18, 2026.

The details: The package includes a proposed working capital demand limit of US$14.9M and a short-term industrial debt limit of US$6.79M. The facilities are debt, not equity.

Why now? Working capital lines fund day-to-day operations — inventory, receivables, and short-term obligations. The enhanced sanction gives CMR more room to run its business without diluting ownership.

The signal: Bank debt remains a core funding route for established industrial companies looking to scale operations while keeping equity intact.

Read more: balajiequities.com

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