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Name of Lender Facility/Instrument Amount (Rs. Crore)
Export-Import Bank of India Term Loans 327.5
Bank of Baroda Term Loans 378.5
Canara Bank Term Loans 640
Punjab National Bank Term Loans 301
Union Bank of India Term Loans 300
State Bank of India Term Loans 300
Bank of Baroda Cash Credit 200
Kotak Mahindra Bank Limited Cash Credit 50
Axis Bank Limited Cash Credit 50
HDFC Bank Limited Cash Credit 100
State Bank of India Cash Credit 175
Bank of India Cash Credit 50
IndusInd Bank Limited Cash Credit 50
IDBI Bank Limited Cash Credit 10
South Indian Bank Limited Cash Credit 10
Standard Chartered Bank Cash Credit 5
Bank of Baroda Non Fund-Based Facilities 250
Kotak Mahindra Bank Limited Non Fund-Based Facilities 450
IDFC FIRST Bank Limited Non Fund-Based Facilities 425
Axis Bank Limited Non Fund-Based Facilities 300
HDFC Bank Limited Non Fund-Based Facilities 400
State Bank of India Non Fund-Based Facilities 275
Bank of India Non Fund-Based Facilities 275
IndusInd Bank Limited Non Fund-Based Facilities 450
IDBI Bank Limited Non Fund-Based Facilities 140
Emirates NBD Bank PJSC Non Fund-Based Facilities 250
South Indian Bank Limited Non Fund-Based Facilities 140
Standard Chartered Bank Non Fund-Based Facilities 195
Not Applicable Unallocated Limits 3

*February 18, 2025


The details presented on this page provide an update on the names of lenders, in reference to the total credit facilities of Mahadhan Agritech Limited (erstwhile known as Smartchem Technologies Limited) rated by ICRA. To access the previous rating rationale: Click Here.


This update is being published as per the directions of the Reserve Bank of India (RBI) to the Credit Rating Agencies (CRAs) vide the communication [CO.DOR.ISG.No.S150/21-06-008/2021-2022] dated June 4, 2021.