Corporate News     06-Dec-23
Alok Industries enters into facility agreement with State Bank of India
For term loan of Rs 1750 cr and working capital facility of Rs 90 cr
Alok Industries has today entered into facility agreements with State Bank of India for availing:

i) Term loan of Rs.1750 crore for the purpose of repayment of existing loans from banks as a part of financial restructuring; and

ii) working capital facility of Rs. 90 crore for the purpose of meeting working capital requirements of the Company.

Previous News
  Alok Industries reports consolidated net loss of Rs 141.58 crore in the June 2022 quarter
 ( Results - Announcements 19-Jul-22   08:18 )
  Alok Industries reports consolidated net loss of Rs 97.65 crore in the June 2021 quarter
 ( Results - Announcements 20-Jul-21   07:36 )
  Alok Industries reports standalone net loss of Rs 92.44 crore in the June 2021 quarter
 ( Results - Announcements 20-Jul-21   07:37 )
  Alok Industries announces resignation of company secretary
 ( Corporate News - 19-Jan-21   10:08 )
  Alok Industries to conduct board meeting
 ( Corporate News - 24-Jun-20   16:42 )
  Alok Inds tumbles after dismal Q4 results
 ( Hot Pursuit - 20-Apr-23   10:22 )
  Alok Industries reports consolidated net loss of Rs 226.14 crore in the June 2023 quarter
 ( Results - Announcements 20-Jul-23   07:34 )
  Alok Industries reports standalone net loss of Rs 153.18 crore in the September 2019 quarter
 ( Results - Announcements 02-Dec-19   09:37 )
  Alok Industries to conduct board meeting
 ( Corporate News - 08-Jan-22   15:54 )
  Alok Industries to hold board meeting
 ( Corporate News - 20-May-16   14:17 )
  Alok Industries approves change in directorate
 ( Corporate News - 14-Feb-17   17:25 )
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