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Agro Dutch Industries informs about company updates

20 Jul 2016 Evaluate

Agro Dutch Industries has informed that the Company has defaulted in repayments of debt. The Consortium lenders have taken over the possession of all the assets of the Company under Securitization and Reconstruction of Financial asset and Enforcement of Security Interest Act, 2002 (SARFESI). Accordingly, the production has been discontinued.

The above information is a part of company’s filings submitted to BSE.

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