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GNG Electronics share price gains after signing fresh supplemental deal with Kotak Mahindra

News by Aliceblue News Desk

18 Mar 2026

GNG Electronics share price gains after signing fresh supplemental deal with Kotak Mahindra

Introduction

Leading electronics company signs agreement with Kotak Mahindra Bank to raise credit facility to ₹75 crore for working capital needs with defined secured loan terms.

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Share price movement of GNG Electronics

On March 18, 2026, GNG Electronics Ltd opened at ₹377.65, up 0.37% from its previous close of ₹376.25. The stock reached a high of ₹394.95 (4.97%) and a low of ₹377.65. By 4:00 PM, it traded at ₹389.21, a 3.44% increase, with a market cap of ₹4,474.38 crore.

GNG Electronics Expands Credit Facility

GNG Electronics Limited has entered into a supplemental agreement with Kotak Mahindra Bank Limited on March 16, 2026 to modify its existing master facility agreement terms.

The agreement enhances the overall borrowing limit from ₹51 crore to ₹75 crore and allows interchangeability between facilities to meet the company’s working capital requirements.

The facility is a working capital loan of ₹75 crore secured by first pari passu charge on receivables and current assets, with no related party involvement.

Stock performance of GNG Electronics for period of 1 week, 1 month, and 6 months

GNG Electronics Ltd delivered a 1-week return of 5.55%, a 1-month return of 12.1%, and a 6-month return of -3.67%.

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Shareholding pattern of GNG Electronics

ParticularsDec 2025Sep 2025Jul 2025
Promoter78.70%78.70%78.70%
FII2.40%3.40%2.50%
DII4.70%4.60%5.10%
Public14.20%13.30%13.70%

About GNG Electronics

GNG Electronics Ltd (NSE: EBGNG) is a refurbishing services company incorporated in 2006, offering laptops, desktops, and ICT device refurbishment services across India and global markets.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is GNG Electronics Ltd share price rising today?

A: GNG Electronics Ltd share price is rising after agreement with Kotak Mahindra Bank to increase credit facility to ₹75 crore.

Q: What is GNG Electronics Ltd’s main business focus?

A: GNG Electronics Ltd provides refurbishing services for laptops, desktops, and ICT devices across India and global markets since incorporation in 2006.

Q: What are the 52-week high and low of GNG Electronics Ltd stock?

A: GNG Electronics Ltd stock has a 52-week high of ₹401.45 and a 52-week low of ₹239.00.

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