Board of Manomay Tex India approves proposal to avail credit facilities up to Rs 72.33 cr

Capital Market 

At meeting held on 20 November 2017

Manomay Tex announced that the Board of Directors at its meeting held on 20 November 2017 has approved for availing Credit Facilities upto Rs. 72.33 Crore from Consortium Bank i.e. State (Lead Bank), Industrial Estate Branch, Bhilwara and Oriental Bank of Commerce (Member Bank), Gandhi Nagar, Bhilwara (Renewal and Takeover of existing facilities as well as fresh Term Loan for expansion of Denim Plant), as per sanction dated 18 November 2017.

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First Published: Mon, November 20 2017. 12:07 IST