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Todays Writing enters into one time settlement with Axis Bank

30 Apr 2015 Evaluate

Todays Writing Instruments has entered into one time settlement (OTS) with Axis Bank, one of the secured creditor. This settlement has no relevance unless the company enters in to a settlement with all the secured and unsecured lenders and also obtains a Draft Rehabilitation scheme approved by BIFR.

Todays Writing Instruments is engaged in business of manufacturing writing instruments. It has emerged as one of the leading manufacturers of writing products.


Peers
Company Name CMP
DOMS Industries 2111.45
Flair Writing Ind. 244.45
Kokuyo Camlin 77.22
Linc 92.89
Sundaram Multi Pap 1.16
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