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Ashapura Minechem signs loan agreement of Rs 78 crore with Elara Finance

25 Nov 2019 Evaluate

Ashapura Minechem has entered into an INR Denominated Secured Term Loan Agreement of Rs 78 crore with Elara Finance (India) on November 21, 2019, for repayment of existing obligations of Bank/Financial Institution(s).

Ashapura Minechem is the mine owner and exporter of bentonite.

Peers
Company Name CMP
Coal India 399.00
NMDC 70.20
Ashapura Minechem 416.80
Sandur Manganese 177.75
GMDC 463.80
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