GOCL Corporation announced that LOC/SBLC Facility of USD 300 million availed in the year 2012 by
the Company's UK based wholly owned subsidiary, in connection with the acquisition of
Houghton Intemational Inc., has been fully repaid. The Company has received no dues certificate
from the bank which has provided the facility. The aforesaid facility was secured inter alia by
way of equitable mortgage on the Company's immoveable properties.
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