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Loyal Textile Mills informs about repayment of term loans

19 Nov 2021 Evaluate

Loyal Textile Mills has informed that, the company had term loan outstanding of Rs 52.98 Cr as on 31st March 2021 availed from Banks and Financial Institution. The company has repaid entire Term loans on 18 November 2021 including payment of Rs 27.59 Cr in advance which is otherwise due for repayment between 19th November 2021 and end September 2022. Now, the company has reached the status of Zero debt company (Term Loan).

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Vardhman Textiles 509.60
Welspun Living 241.05
Arvind 493.95
Raymond Lifestyle 531.80
K.P.R. Mill 1163.65
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