Bank account restriction
Lenders approve 3‑month holding‑on operation with 2.5% cutback
Swastik Pipe disclosed that its lead bank, on behalf of the lender consortium, approved a 3‑month 'holding‑on operation' permitting account activity while automatically appropriating 2.50% of incoming receipts for loan repayment; debits require ASM vetting and the company accepted terms on Jun 8, 2026.


