Universal Auto Foundry has approved the proposal to avail Cash credit limit and Term Loan from HDFC Bank, for the Second Unit of the Company situated at B-51, SKS Industrial Area, Reengus. The Board of the company at their meeting held on February 21, 2018, considered the same. The Board will consider the Final Sanction Letter in their next meeting as soon as the same is received from Bank.
Universal Auto Foundry is engaged in the manufacturing of Iron Castings. The company manufactures castings components in Grey Iron and S.G. (Ductile) Iron, primarily for automotive sector.
