GNA Axles has received an approval for the proposal to avail a term loan of Rs 20 crore from Central bank of India for the purpose of constructing the Factory Shed to house the production facilities for the manufacture of Axles Shafts for LCV's, Small Pick Ups and SUV's. The legal, banking and Finance Committee of the Board of Directors of the company, at its meeting held on September 6, 2017 has considered and approved for the same.
GNA Axles is Punjab based manufacturers of rear axle shafts, other shafts and spindles used in on-highway and off-highway vehicular segments in India. The company is mainly engaged in manufactures and sells auto components for the four-wheeler industry.
