Stocks

Lactose settles ₹43-cr loan to Piramal Housing

| Updated on August 21, 2019 Published on August 22, 2019

 

Shares of Lactose (India) are likely to remain in focus, as the company has re-paid the entire loan amount of ₹43 crore obtained from Piramal Housing and Capital Finance.

The company took ₹41 crore as term loan facility and ₹2 crore as working capital facility. The term loan facility agreement was signed in 2017 while the working capital facility agreement was entered into in March 20.

Shareholders and analysts of Lactose will closely monitor further developments.

Published on August 22, 2019
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