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Relicab Cable planning to avail bill discounting facilities of Rs 60 lakh

16 Dec 2017 Evaluate

Relicab Cable Manufacturing is planning to avail Purchase Bill Discounting facilities to the tune of Rs 60 lakh from Hero Fin Corp which shall be within the overall borrowing limits approved by members of the company. The meeting of the Board of Directors of the company will be held on December 22, 2017, to approve the same.

Relicab Cable Manufacturing is an India-based company, which is engaged in the business of manufacturing and marketing of polyvinyl chloride (PVC) compounds, and wires and cables.

Peers
Company Name CMP
Polycab India 7415.00
KEI Industries 3715.10
RR Kabel Ltd. 2138.65
Finolex Cables 1090.50
Precision Wire India 400.60
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