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IOL Chemicals And Pharmaceuticals Limited, Punjab

IOL Chemicals And Pharmaceuticals Limited, Punjab

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15th October 2019
UPDATE/PRE-PAYMENT OF TERM DEBT

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Company has made a pre-payment of Term Loan by 22.11 Crore to bank in addition to its Scheduled Repayments. With this, the Company has pre-paid the Term Loan of aggregate of 161.44 Crore till date (i.e. 141.39 Crore during the Current FY and 20.05 Crore in Previous FY). Accordingly, the principal amount of Term Loan reduced and now stood at 66.02 Crore.


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