20 Microns has received an approval for re-structuring of the Term Loan extended to the company by the consortium bank. The consortium bank is rescheduling repayment of term loan installments enhancing the period and providing concessional rate of interest on all sanctioned facilities. The board of directors at their meeting held on February 11, 2015 have approved for the same.
20 Microns is the largest producer of white minerals in India. The company manufactures specialized products for various companies such as cosmetics, cement, textile and household products. The company’s products are used in areas such as paints, coating and printing ink, adhesives, plastics, ceramic, sealants and paper.
