Pursuant to relevant Regulation of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations 2015. Further to its earlier announcement on 18th August 2021 for long term debt repayment as per its specific Objects Clause in the Prospectus, Exxaro Tiles has informed that the company has also prepaid all its remaining existing long-term debt and subsequently. The Company has become long term debt free. The above measures would result into substantial saving in annual finance cost of the Company.
The above information is a part of company’s filings submitted to BSE.
