Sundaram Multi Pap has informed that the Company have successfully repaid Rs 45 Crores to its bankers by end of December 2016 and their debt has been reduced to that extent. This bullet payment of Rs 45 Crores relates to the restructuring of debt carried out in the month of September 2014. The Company has fulfilled its financial obligation.
The above information is a part of company’s filings submitted to BSE.