Outcome of Board Meeting

Rohit Ferro-Tech Ltd has informed BSE that, considering the losses in the quarter ended September, 2013 due to increase in the cost of inputs, high finance costs and foreign exchange fluctuation and cash flow constraints, the Board of Directors of the Company in their meeting held on October 28, 2013 have considered it appropriate to approach the bankers for restructuring of its debts through Corporate Debt Restructuring Process.

Source : BSE - >www.bseindia.com

Published on October 28, 2013
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