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Autoline Industries Ltd. - Announcement under Regulation 30 (LODR)-Monthly Business Updates

| Updated on July 09, 2019 Published on July 09, 2019

Business Update pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015

This is in continuation with the disclosure made earlier in relation to the Industrial Promotion Subsidy (IPS) for Mega Project under Package Scheme of Incentive 2007 of Government of Maharashtra (VAT/CST Subsidy).
We would like to inform that as per the revised Eligibility Certificate the Government of Maharashtra has approved additional IPS claim of Rs. 44.61 crores and out of said approved amount, the Company has received an amount of Rs. 14.50 crores on July 8, 2019 and with this amount the Company has received total of Rs. 35.12 crores in three tranches. The remaining amount is expected shortly.

Pdf Link: Autoline Industries Ltd. - Announcement under Regulation 30 (LODR)-Monthly Business Updates

Source : BSE - www.bseindia.com

Published on July 09, 2019
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