In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Spectrum Foods has announced that the Company has prepaid/ foreclosed its Windmill Term Loan. The Company had a peak debt of Rs 16.97 Crore which is now down to Rs 3.17 Crore. The company is targeting to become Net Debt free by the end of the Current Financial Year.
The above information is a part of company’s filings submitted to BSE.