Mortgage of shares
Commercial Engineers & Body Builders Co Ltd has informed BSE that the Company has been sanctioned Working Capital facilities by AXIS Bank Limited; including cash credit facility aggregating to Rs. 22.00 crores for which bank has asked for pledge of equity shares of the Company worth Rs. 5.00 crores out of the shares owned by the promoters as an additional security. To avail the said facility and to comply with the bank's pre-condition; one of the...30-08-2012