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Loyal Textile Mills in India is currently a debt-free company

Loyal Textile Mills, headquartered in India and providing a range of products and services to the textile and apparel industry, has announced that it has reached the position of a zero debt company. As of March 31, 2021, the company had an unpaid term loan of 52.98 Chlore from banks and financial institutions and repaid it in full on November 18.

Loyal Textile Mills also prepaid 27.59 rupees, which was due to be repaid between 19 November 2021 and September 2022.

“Now our company has reached the status of a debt-free company,” Royal Textile Mills said in BSE filing.

Loyal Textile Mills, headquartered in India and providing a range of products and services to the textile and apparel industry, has announced that it has reached the position of a zero debt company. As of March 31, 2021, the company had an unpaid term loan of 52.98 Chlore from banks and financial institutions and repaid it in full on November 18.

Fiber2Fashion News Desk (KD)



Loyal Textile Mills in India is currently a debt-free company

Source link Loyal Textile Mills in India is currently a debt-free company

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