On 25 March 2020
The Board of GOCL Corporation at its meeting held on 25 March 2020 through videoconference, approved issue of collateral guarantee/ security up to an amount of Rs.1000 crore for the loans sanctioned / to be sanctioned to Hinduja National Power Corporation (HNPCL) by a Bank. HNPCL is not a related party to the Company.The collateral guarantee / security to be extended by the Company, would be counter guaranteed by Hinduja Energy (India), the parent entity of HNPCL.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
