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Welspun India
BSE: 514162NSE: WELSPUNINDISIN: INE192B01031

1st-Oct-2019 14:48Source: BSE

Welspun India - Prepayment Of Term Loans

Please be informed that the Company has prepaid term loans of Rs. 284.17 Crore as on September 30, 2019 along with other instalments which were due as the quarter end on stand alone basis. With this prepayment, the outstanding term loan on standalone basis as on September 30, 2019 stands at Rs. 1,080.99 Crore vis a vis Rs. 1,510.81 Crore as on March 31, 2019. The weighted average interest rate of the loans prepaid by the Company was 9.82% p.a.

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