Parag Milk Foods has informed that with reference to its earlier announcement dated March 02, 2020, the Promoters have informed the Company that they have further repaid Rs 12.15 crores (36% of the earlier outstanding loan), and now the outstanding loan amount is only Rs 20.85 crores. The promoters have further informed the Company that they would repay the entire outstanding loan of Rs 20.85 crores as per its earlier announcement and release the entire lot of pledged shares.
The above information is a part of company’s filings submitted to BSE.
