Polyspin Exports has informed about outcome of Board Meeting held on January 7, 2022. The Board of Directors at their meeting held today (January 7, 2022) have approved the sanction letter issued by Axis Bank on the total borrowing exposure of Rs 99.96 Crores in place of the existing credit limits of the Company. The Board also authorized R. Ramji, Managing Director to execute and sign the documents and to do all such acts, deeds and things as may be necessary in this regard.
The above information is a part of company’s filings submitted to BSE.
