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Biopac India Corporation defaults in payment of loan installment

05 Jul 2019 Evaluate

Biopac India Corporation has made a default in the payment of loan instalment of principal amount of Rs 91,56,250 and interest of Rs 35,82,339 of Kotak Mahindra Bank. The bank account of the company has become NPA in the books of the Bank.

Biopac India Corporation is engaged in the manufacture of foam polystyrene products.

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