Corporate News 05-Sep-15
Alok Industries receives additional export advance of USD 25 million
Total export advance received till date is USD 775 million
Alok Industries announced that the Company has received an additional advance amounting to USD 25 million on 31 August 2015 under the Export Performance Bank Guarantee Scheme (EPBG) backed export advance scheme out of the targeted USD 1633.33 million equivalent to about Rs. 9800 crore. This takes the total export advance received till date to USD 775 million.
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