Pursuant to referred regulation, please be informed that the Board of Directors of the Company, vide resolution dated March 8, 2017, has agreed to enter into one time settlement with State Bank of Mysore, New Delhi. Purpose of the OTS: Resolution of debt. Summary Details of the OTS: settling Company's total dues of Rs. 47.76 lakhs, for a consolidated agreed amount of Rs. 38.00 lakhs. This is for your information and record please.Source : BSE
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