Awfis Space Solutions Limited has secured a Rupee Term Loan facility of ₹ 80 crore (INR 800.00 million) from ICICI Bank Limited. This facility includes a dropline overdraft limit of ₹ 30 crore (INR 300.00 million).

Key details of the loan are:

• The purpose of the facility is to fund capital expenditures for existing centers, establish new centers, and for reimbursement of eligible expenditures.
• The principal amount of the facility shall be repaid within a maximum of 48 equal monthly installments, commencing from the date of disbursement of the first tranche.
• The loan agreement/sanction letter was executed on June 2, 2025.
• Security provided to the lenders includes:
  • First pari-passu charge, by way of hypothecation, on the entire current assets of the company (other than assets provided as exclusive security to other lenders), together with cash in hand, bank accounts, and receivables.
  • Exclusive charge on movable fixed assets of the identified centers.
  • Exclusive charge on cash flows of the identified centers.