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One Time settlement with SASF

| Updated on March 18, 2011 Published on March 18, 2011

Jain Studios Ltd has informed BSE that stressed Assets Stabilization Fund ("SASF") has been in-principally agreed for One Time Settlement (OTS) of outstanding loan of the Company and interest thereon vide its in-principle approval letter, which has been duly accepted by the Board of Directors at their Board meeting held on March 15, 2011.

Source : BSE - >www.bseindia.com

Published on March 18, 2011
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