Moneycontrol PRO
HomeNewsBusinessCompaniesHave asked for loan & interest waiver from government: Madras Fertilisers

Have asked for loan & interest waiver from government: Madras Fertilisers

In an interview to CNBC-TV18, AB Khare, CMD of Madras Fertilizers spoke about the latest happenings in his company and sector.

January 03, 2018 / 16:30 IST

In an interview to CNBC-TV18, AB Khare, CMD of Madras Fertilizers spoke about the latest happenings in his company and sector.

We have asked for total interest waiver and loan waiver, which we have taken in 90s, from the government, said Khare.

He further said that we owe around Rs 550 crore of principal and Rs 600 crore of interest.

Watch accompanying video for more details.

CNBC-TV18
first published: Jan 3, 2018 04:29 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347