Valson Industries has received sanctioned letter from Kotak Mahindra Bank sanctioning the credit facilities (Fund base & Non Fund Base) of Rs 11.25 crore which includes the facilities take over from Bank of India and ICICI Bank. The company will within 45 days repay all the existing limits with Bank of India, ICICI Bank and IDBI Bank. The board of directors at its meeting held on February 14, 2017 has approved for the same.
Valson Industries was incorporated in 1983 and is one of the leading manufacturers of polyester texturised dyed yarn and processors of cotton and other fancy yarns in India with customers having diverse uses.
