Secures sanction of term loan of Rs 18.42
Mohit Industries has availed a sanction of Term Loan of Rs. 18.42 crore and Cash credit facility of Rs. 3 crore along with Bill discounting under LC of Rs. 1 crore for expansion of textile Division from The Shamrao Vithal Co-operative Bank. The Company has already acquired land for the said expansion. This term loan will be utilized for putting up 8 Texturising machines in a new building at its existing unit located at Kim.Powered by Capital Market - Live News