PASUPATI ACRYLON LTD. - 500456 - Sanction Of Term Loan For New Segment - Ethanol Plant
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, we would like to inform you that Indian Bank has principally sanctioned Fresh Term Loan of Rs. 108 Crores for setting up of 150 KLPD Grain Based Ethanol Plant, however, the loan documents will be executed subject to acceptance of sanction letter. The remaining project cost (approx. Rs. 60 Crore) will be met by the Company's internal accruals.31-03-2023