Saturday, March 15, 2025 | 10:52 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Board of Emami Paper Mills approves conversion of ECB

Image

Capital Market

At meeting of the Finance Committee on 22 July 2019

Emami Paper Mills announced that the Finance Committee of Board of Directors of the company at its meeting held on 22 July 2019 has approved a fresh rupee term loan of Rs 35 crore at 1 year MCLR +0.35% by Allahabad Bank for conversion of existing ECB at rundown balance of USD 4.97 mn financed by Allahabad Bank, Hong Kong Branch along with cancellation of the above ECB facility on account of closure of the Hong Kong Branch.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 22 2019 | 12:46 PM IST

Explore News