SR Industries has entered in to One Time Settlement (OTS) with State Bank of India (SBI) against the credit facilities availed by the company. The company has accepted One Time Settlement Proposal and committed to act as per terms of proposal. Further strategically this OTS proposal will support financial position of the company.
SR Industries is engaged in the manufacture and export of 100% terry towel. The product range of the company includes Plain Dyed Towels, Yarn Dyed Stripe, Beach Towels, Bathmats and Bathrobes.
