Pradeep Metals has received an approval for raising of term loans amounting Rs 4.80 crore and Rs 10.5 crore for partly financing its Capex Program (Rs 6.4 crore) and installation of Captive 2.1 MW Wind Mill (Rs 14.00 crore), respectively. The board of directors at their meeting held on February 07, 2015 have approved for the same.
Pradeep Metals is engaged in manufacturing of forgings for the defence, automobile, engineering and petrochemical industries, both for domestic and international markets.
