IOL Chemicals & Pharmaceuticals prepays term loan of Rs 7.99 crore

03 Sep 2019 Evaluate

IOL Chemicals & Pharmaceuticals has made a pre-payment of term loan of Rs 7.99 crore to bank in addition to scheduled repayment. With this, the company has pre-paid the term loan of aggregate of Rs 115.69 crore till date (i.e. Rs 95.64 crore during FY20 and Rs 20.05 Crore in FY19) to reduce the Term Debt.

IOL Chemicals & Pharmaceuticals is a leading organic chemicals manufacturer and supplier in India.

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