Alok Industries receives additional $50 million under EPBG Scheme

Alok Industries Ltd. | Textile | Textiles & Apparels | BSE: 521070 | NSE: ALOKINDS

20 Aug 2015 Evaluate

Alok Industries has received an additional advance amounting to $50 million under the Export Performance Bank Guarantee Scheme (EPBG). Under the EPBG scheme, till date, the company has received the total export advance of $725 million out of the targeted $1,633.33 million equivalent to about Rs 9,800 crore.

Alok Industries evolved from a small trading business into India’s largest integrated textiles player. It is present across various verticals of the textile value chain - from yarn manufacturing to garmenting.

Peers

Company Name	CMP
Vardhman Textiles	547.45
Welspun Living	202.25
Arvind	549.45
Raymond Lifestyle	672.05
K.P.R. Mill	1119.85
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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