Welspun India has informed that the Company has prepaid term loans of Rs 45.80 Crore as on 31st December, 2022 along with other instalments which were due as the quarter end on standalone basis. With this prepayment, the outstanding term loan on standalone basis as on 31st December, 2022 stands at Rs 129.72 Crore vis a vis Rs 259.64 Crore as on 31st March 2022. The weighted average interest rate of the loans prepaid by the Company was 8.30% pa.
The above information is a part of company’s filings submitted to BSE.
